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Iraq, with its privileged geographical location, plans to improve the performance of its three free-trade zones. It also intends to establish new free-trade zones as part of efforts to diversify its imports and lessen its reliance on oil revenues.
Three "free zones" currently operate in Iraq: Basra in the south, Nineveh in the north and al-Qaem in the west. Trade has slowed in al-Qaem, which is adjacent to the Syrian border, since the armed Syrian conflict breached Iraq’s border.
