28 JUNE 1993
Financial and Banking News
Iran's Majlis Ratifies Free Trade Zones Bill
On 21 June Iran's Majlis ratified a bill establishing the legal framework for investmentand operations in the country's three free trade zones. The bill, which must beapproved by the Council of Guardians before it becomes law, paves the way fordirect foreign investment in Iran and guarantees such investments againstexpropriation and nationalization. Iranian President Ali...