Future studies of the geo-economic outlook of the Aras Free Zone

Document Type : Original Research Articles

Author

Department of Geography, Faculty of Humanities, University of Maragheh, Maragheh, Iran.

Abstract

This study employs a descriptive-analytical method to examine and analyze the geo-economic outlook of the Aras Free Trade-Industrial Zone in relation to foreign trade, investment, job creation, transit, tourism, and economic-security planning for the Aras border area. The research employs trend analysis and futures studies, drawing on library literature and statistical data within the framework of existential philosophy and the macroeconomic goals of free zones. Despite the statistical uncertainties surrounding the performance of Iranian free trade zones in general and Aras in particular, the evaluation of Aras's geo-economic outlook reveals significant inefficiencies, indicating a failure to meet its primary objectives. The findings demonstrate that, from a geo-economic perspective, the prospects for free trade zones in Iran reflect the broader economic situation of the country, with the Aras Free Zone being no exception. The outlook, economic size, and geo-economic influence of Iran’s free trade zones should be assessed in comparison to those of the national economy. Given the prevailing trends in Iran’s macroeconomics, the geo-economic outlook and economic performance of the country’s free trade zones are not surprising. However, the potential of the Iranian economy is much greater than what is currently being realized. This situation can be effectively improved through principled planning and policymaking, particularly within a framework that prioritizes national interests, the benefits of which would undoubtedly extend to the free trade zones. On the other hand, if the current conditions and existing policies continue, it is likely that the free trade zone initiative in Iran will become entirely ineffective and unattractive in the near future, especially from a geo-economic perspective.

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References

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Geography and Regional Future Studies
Volume 3, Issue 1 - Serial Number 9
Spring
June 2025
Pages 91-112

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