Baghdad has had a new free zone approved after Iraq’s General Authority for Free Zones signed an agreement with the City Centre for Vehicles Services Co.
The capital’s latest free zone is 6,563 square meters and is part of a government initiative to promote the local economy and reduce unemployment, as well as diversifying state revenues.
The move to establish a new free zone comes at a difficult time for Baghdad, following a series of deadly explosions which have take the lives of several people.
http://www.arabianbusiness.com/iraq-approves-baghdad-free-zone-487554.html
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