Tehran pins hopes on free trade zone with Iraq to offset sanction impacts

dijlahpoint - A press report revealed that Iranian authorities are counting on establishing a free trade zone with Iraq to overcome the economic consequences of the US embargo. According to a report published by the Financial Tribune, whose content was carried by news agencies, discussions between Tehran and Baghdad remain ongoing regarding the establishment of a free trade zone in Mehran through the Zarbatiya crossing, with the aim of allowing goods and commodities to move freely outside the scope of sanctions. It is worth noting that the initiative was signed between the two countries in 2021, targeting the establishment of joint economic zones comprising about 470 production and service stations of various specializations, while the initiative still requires an agreement on some pending legal points.

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Tehran pins hopes on free trade zone with Iraq to offset sanction impacts

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15 Sep 2026
1 min read