Aras Free Zone

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Aras Free Trade - Industrial Zone (abbreviated as AFZ) is located in the Northwest of Iran at the border point with neighboring Armenia, Azerbaijan and the Nakhchivan Autonomous Republic. According to the Decree No. 20708/T/530820, dated 28 June 2005 by the Board of Ministers, the area of the Aras Free Zone included 9,700 hectares of the lands of the region. This area was expanded on 4 December 2008 to 51,000 hectares based on the new decree of this Board, including some parts of the Jolfa and Kaleybar towns. This approved area in the attached part has increased the main district from 9,700 hectares to 20,500 hectares, and in three detached parts makes up totally 51,000 hectares of entire Aras Free Zone including a part of the Kaleibar city with the area of 24,000 hectares (called Gholi Beig Lou) and the vicinity of Khodafarin Dam with the area of 6,100 hectares as well as the district of Norduz Customs (Iran-Armenia border) with the area of 240 hectares. This organization was established by the decree of the Islamic Consultative Assembly on 24 August 2003 in order to accelerate the economic development of this region.