Lebanon and Iran are mulling a free trade area, Economy Minister Nicolas Nahas said Tuesday, welcoming the step as a boost to bilateral trade between the two countries.
“We are currently studying the agreement that would include phasing out customs and fees on imports and exports between the two countries [in the free trade zone],” he said. Nahas made his statement following a meeting of the Lebanese-Iranian joint economic committee headed by Ali Nikrad, the Iranian minister of roads and transportation.
Copyright © 2012, The Daily Star. All rights reserved. Source: http://www.albawaba.com/business/iran-lebanon-trade-free-423628
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