24 Dec 2024
Thursday 4 July 2024 - 16:00
Story Code : 424300
Source : IRNA

Iran proposes network of joint free zones within SCO

The Iran Project : Iran’s Acting President, Mohammad Mokhber has proposed the setting up a network of joint free zones within the Shanghai Cooperation Organization (SCO) and highlighted the potential of member states in expanding regional trade.
Iran proposes network of joint free zones within SCO
Iran proposes network of joint free zones within SCO
According to The Iran Project,  addressing the 24th leadership summit of the SCO in Astana, Kazakhstan on Thursday, Mokhber also suggested economic agreements such as preferential and free trade agreements between members of this Eurasian organization.

He emphasized that there are many opportunities and capacities in the territory of the member countries of the Shanghai Cooperation Organization in the field of trade, production, energy and transportation, as well as in the field of artificial intelligence (AI), which he said could be utilize for the benefit of nations and for sustainable peace and development in the SCO region and elsewhere in the world.

Mokhber also highlighted the importance of transit corridors in facilitating trade, economic development, and political stability of member countries.“We believe that SCO members can trade with other countries through Iran's North-South Corridor and southern ports at a lower cost and with a faster pace.”
Reporter : Editorial of The Iran Project
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