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Iran, Turkey Stress Boosting Trade Exchanges.

TEHRAN (FNA)- Iranian Minister of Communications and Information Technology Mahmoud Vaezi and Turkish Minister of Customs and Trade Nurettin Canikli in a meeting in Tehran on Tuesday underlined the need for the further expansion of bilateral trade ties.

During the meeting in the Iranian capital today, Vaezi and Canikli explored avenues for bolstering and reinvigorating mutual cooperation.

Vaezi pointed to the status quo of Iran-Turkey relations, and said, "The volume of trade exchanges between Iran and Turkey hit $15 billion in the current year and the two countries plan to boost the same to $30 billion in the coming years."

The Turkish trade and customs minister, for his part, pointed to the preferential trade agreement as a major step towards the two countries' goal of boosting trade to $30bln, and said, "The preferential trade agreement signed between Turkey and Iran is a pragmatic step for the improvement of Tehran-Ankara ties in the long-run."

Canikli referred to joint investments by the two countries' private sectors, and said, "We are going to send a team of Turkish investors to Iran to visit various centers and facilities for investment," the Turkish trade minister added.

On Monday, Iranian President's Chief of Staff Mohammad Nahavandian and Turkey's Ambassador to Tehran Hakan Tekin explored new ways of boosting bilateral ties.

Speaking in a meeting with the Turkish envoy in the Iranian capital yesterday, Nahavandian said that Iran is pleased with implementation of preferential trade agreement between the two friendly nations, adding, "Of course it needs removal of the existing obstacles in the way of exports of some items from Iran to Turkey."

Nahavandian said that reciprocal visits between officials of the two countries will facilitate and accelerate expansion of trade.

Tekin, for his part, expressed the hope that during his tenure in Tehran he would consolidate economic ties between the two countries.

He said that quality of preferential trade agreement between Iran and Turkey is very rare and Turkey intends to establish free trade zones between the two nations.

Iran and Turkey have been pursuing widening of their ties in various fields in the last two decades. Iran is a main energy supplier to Turkey and Ankara has made huge investments in Iran.

Iran is a main destination of Turkish goods and Turkey is among the top destinations of Iranian tourists and traders.

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Publication:FARS News Agency
Geographic Code:7IRAN
Date:Feb 3, 2015
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