EconomyWorld

IMPORTANCE OF TRABZON FREE TRADE ZONE FOR THE REGION

Turkey

Trabzon is one of the main cities of Turkey and the Black Sea region and plays an important role in trade. The city has an infrastructure that meets modern standards.

As it is known, a diversified free trade network has been established in Turkey since 1987. At the same time, international economic relations are expanding, with banking, insurance, and trade becoming major players in 21 regions.

At present, the port of Trabzon has the capacity to service 2,000 ships a year. Due to the fact that the region is located on the Silk Road, there is a good opportunity for the Araz Free Trade Zone of East Azerbaijan to enter Europe.

It should be noted that the joint economic team of East Azerbaijan Province and Araz Free Trade Zone held a meeting with the Iran-Turkey Joint Trade Council last year. The main purpose of the meeting was to increase cooperation between the Araz Free Trade Zone and the Turkish port of Trabzon.

It should be noted that the expansion of cooperation with the two regions, along with the Dash Maki Free Trade Zone, can have a significant impact on the development of free trade.

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