15:26 - 18.02.2025

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February 18, Fineko/abc.az. Iran has proposed the creation of free trade zones between the Caspian littoral countries.

ABC.AZ reports, quoting Iran's 1st Vice President Mohammad Reza Aref, as saying this today at the III Economic Forum of Prime Ministers of the Caspian Littoral Countries in Tehran.

According to Aref, all parties can discuss the creation of such zones and come to a final decision.

"We believe that cooperation between the Caspian littoral countries and the five-state solution will allow the creation of joint free trade zones. The Iranian side has officially sent the initial text of the agreement on cooperation towards the creation of free trade zones in the Caspian littoral countries to the coastal countries," Aref said.