Economy, Domestic Economy

Trade With Turks to Increase

Trade With Turks to IncreaseTrade With Turks to Increase

Iran and Turkey continue to look for avenues of mutual cooperation as they aim to increase bilateral trade to $30 billion by the end of 2014, it was announced during a meeting between Mahmoud Vaezi, the Iranian Minister of Communications and Information Technology, and Reza Hakan Tekin, the new Turkish ambassador to Tehran. In their meeting on Wednesday, Vaezi and Tekin agreed that there was an urgent need for evening out the differences through negotiation. The two sides plan to expand their trade, transit and energy ties. Vaezi reiterated Tehran’s commitment to reach the $30 billion trade target set mutually by top Iranian and Turkish trade officials, adding that minor differences should not halt cooperation. “We want to increase the import of natural gas from Iran and resolve the current dispute over the increase of transit fees levied on trucks at the border by both sides, the Turkish envoy said for his part.