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Opening a free economic zone (FEZ) is not even half of the work; it requires consistent work. 

Prime Minister of Armenia Karen Karapetyan on Friday told the aforementioned to reporters, at the official opening of the Meghri FEZ in Agarak village of the Syunik Province.

“Our intentions and mood are quite serious,” he stressed. “Because we are confident that the conditions that will be created at the Meghri Free Economic Zone, and the opportunities that our country has—I mean the economic regimes that we have with the Eurasian Economic Union [(EAEU)], with the European [(EU)] Union, with our neighbor Iran, with other countries—is a very good platform for business to grow.”

In the Armenian PM’s words, at this FEZ they plan to intensify border trade and tourism with Iran, and they expect the Iranian partners to establish themselves there to be able to enter the EU and the EAEU markets, alike.

“We also expect that our partners will come, and we have preliminary arrangement that they establish themselves here, so that they go to Iran, work,” Karapetyan added. “I’m confident that the free economic zone has very good prospects.”

Also, the PM noted that he is very pleased with the work done.

“Now, the minister of economy and his team will be under a very pleasing ‘target,’” Karen Karapetyan concluded.

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