AFTZAltanbulag Free Trade Zone (Mongolia)
AFTZArvand Free Trade Zone (Khuzestan, Iran)
References in periodicals archive ?
TEHRAN (FNA)- A large number of foreign investors have visited the Aras Free Trade Zone in Northwestern Iran and they have voiced their readiness for investment in AFTZ, a senior trade official announced.
There are more than 100 manufacturing, industrial, and trading units active in AFTZ and their products are exported to target countries across the globe.
He noted that non-oil exports from AFTZ witnessed a 144 percent growth during the said period as compared with last year's corresponding period.
In December 2012, an Iranian official announced that some $105mln worth in goods have been exported from the AFTZ since the beginning of the current Iranian year (started March 20), showing a 43-percent rise as compared with last year's corresponding period.
Western political and economic experts remain sceptical that the AFTZ will succeed.
Yemen is expected to be the first new member of the AFTZ, getting full membership in 2005.
Up to now, the AFTZ member states have not reached an agreement over the definition of rules of origin of 26 categories of goods," said Redouane Laalili, adviser in charge of cooperation at the ministry, pointing out that "they however agreed over 80 other categories of products.
Jordan's exports to major non-Arab Asian countries, including India, have been severely hit, while imports from countries in the Arab Free Trade Zone AFTZ, namely Saudi Arabia, Jordan's top oil exporter, have also slumped, according to the statistics.
For international clients, the GTR team monitors country updates for more than 200 political divisions and subdivisions; including country income tax and budgetary changes, treaty and rate updates, GST and VAT changes, payroll and social tax rate adjustments, and tax implications of the EU, MERCOSUR, COMESA, AFTZ, and many others.