YEREVAN, AUGUST 22, ARMENPRESS. The creation of a free economic zone on the Armenian-Iranian border will be another opportunity for economic development of Armenia, “Armenian” PM Hovik Abrahamyan told the participants of “Baze-2016” pan-Armenian youth camp. “During the last meeting of the Prime Ministers of the EAEU member states in Sochi we reached an agreement over establishing a free economic zone on the Armenian-Iranian border, in the region of Meghri. This is a vital program creating new opportunities for economic development of our country”, “Armenpress” reports the PM mentioning.

He also added that the program will give an opportunity to Iran and the member states of the Eurasian Economic Union to establish joint enterprises in the free economic zone, organize production and export them to the EAEU member states without custom duties.