Iran and Iraq have taken concrete steps to accelerate the establishment of a joint free trade zone between the two countries, according to senior officials from both sides.
In recent working sessions, representatives from both parties focused on reviewing the technical, infrastructural, and legal framework necessary for the zone to become operational soon. This is seen as part of broader efforts to expand economic and trade relations between Tehran and Baghdad.
Officials from both nations emphasized that the joint free trade zone will facilitate the flow of goods, investment, and services, while also enhancing connectivity in border areas. Final procedures are expected to be completed soon so that both sides can officially announce the operational roadmap.
The move comes as both Iran and Iraq seek to diversify their economic partnerships, reduce dependence on traditional channels, and leverage their shared geography to boost regional trade.