(MENAFN- Trend News Agency)
Iran government cabinet members agreed with an appendix to
Iran-Syria free trade agreement that lowers the customs tariff on
goods included in that agreement from 4 percent to zero, reports citing .
In the Sunday cabinet session, headed by the president, the
Ministry of Industries, Mines and Trade was allowed to negotiate,
edit and sign the appendix to the additional protocol of Free Trade
Agreement between the Government of the Islamic Republic of Iran
and the Arabic Republic of Syria.
The appendix to additional protocol of that agreement between
the Iranian and Syrian governments to decrease the customs tariff
on the goods indicated in that free trade agreement from 4 percent
to 0 percent, based on the added value at the origin of the goods,
also includes the services and the procurement.
Permission for Iran-Pakistan free trade agreement issued
The cabinet members, meanwhile, keeping in mind the huge volume
of capacities in Iran's eastern neighbor, Pakistan, for expansion
of bilateral trade and turning that country into an important
export market for Iran, issued the permit for the Industries, Mines
and Trade Ministry to negotiate, revise, and sign a temporary free
trade agreement between the Islamic Republic of Iran and the
Islamic Republic of Pakistan.
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