Turkey, Iran intend to increase trade turnover to $30B – president

Turkey, Iran intend to increase trade turnover to $30B – president
16:52 7 Aprel 2015
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Baku, Azerbaijan, Apr.7

By Rufiz Hafizoglu – Trend:

Turkey and Iran intend to bring the volume of bilateral trade turnover to $30 billion, TRT Haber TV channel quoted Turkish President Recep Tayyip Erdogan as saying on Apr.7.

The president made the remarks during the joint press conference with his Iranian counterpart Hassan Rouhani in Tehran.

Turkish President Recep Tayyip Erdogan paid a short-term visit to Tehran on Apr.7. Turkish delegation included the country’s Foreign Minister Mevlut Cavusoglu, Economy Minister Nihat Zeybekci, Minister of Customs and Trade Nurettin Canikli, Minister of Energy and Natural Resources Taner Yildiz and other government members.

Reportedly, during the visit of Turkish president to Iran, the sides signed a total of eight intergovernmental agreements.

During the press conference, Erdogan said that currently, the trade turnover between the two countries does not exceed $14 billion, which is an unsatisfactory figure, according to the report.

The head of state added that Iran and Turkey should carry out trade with their national currencies.

The bilateral trade turnover between Turkey and Iran stood at $13.6 billion in 2014, according to Turkish Statistical Institute, while this figure was equal to $14.4 billion in 2013.

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Follow the author on Twitter: @rhafizoglu

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