News ID: 218232
Published: 0249 GMT July 13, 2018

Iran targets $30b trade with Turkey

Iran targets $30b trade with Turkey

Turkey is Iran's most important trade partner among its 15 neighboring states and Iran plans to increase its trade transactions with Turkey to $30 billion, said Iran's ambassador to Turkey.

Mohammad Ebrahim Taherian-Fard said in a meeting with members of Izmir Chamber of Commerce that Iran and Turkey have 600 kilometers of common borders and three official customs checkpoints, which should be used to increase trade exchanges, reported IRNA.

Current trade exchanges between the two countries stand at around $12 billion and this figure can be increased threefold with the contribution of the private sector.

He added that the private sector in Turkey is strong and well-experienced while Iran is seeking to develop its private sector.

Taherian-Fard said efforts to trade in national currencies is reaching good stages, which will create more facilities for businessmen of both countries.

Deputy Head of Izmir Chamber of Commerce Jamal Elmas Oglu said Iran has great capacity in tourism and for bilateral trade.

He called for developing mutual cooperation, especially in the tourism sector.

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