29202
Tehran-Ankara PTA to Expand
Economy, Domestic Economy

Tehran-Ankara PTA to Expand

The list of items in the preferential trade agreement between Iran and Turkey will be updated to include more goods, Iran’s attaché to Turkey said. Hamid Zadboum added that 125 Iranian goods and 140 Turkish items valued at $50-60 million annually are exchanged based on preferential tariffs. “The figure accounts for less than 10% of bilateral trade between the two neighboring countries. The first eight months of the current Iranian year (started March 21) saw a 10% rise in Iran’s exports and a 3% decline in imports from Turkey,” Mehr News Agency quoted Hamid Zadboum as saying. The PTA to reduce tariff barriers between Iran and Turkey was signed during the visit of President Recep Tayyip Erdogan (who was then Turkish prime minister) to Tehran in January 2014 after negotiations that lasted 10 years. The agreement went into effect in January 2015. 

 

Short URL : http://goo.gl/XgOeYP
  1. http://goo.gl/VJ7caV
  • http://goo.gl/5ySJHi
  • http://goo.gl/4at9UQ
  • http://goo.gl/FqYbK5
  • http://goo.gl/6sfuyQ

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Vacuum Cleaners Imported From 14 Countries
More than $29 million worth of vacuum cleaners were imported...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
AML Bill Faces Objection
Iran’s Guardians Council ruled an anti-money laundering bill...

Trending

Googleplus