9019
Finding Solution to Transit Fee Dispute
Economy, Domestic Economy

Finding Solution to Transit Fee Dispute

Following the collapse of negotiations between the Iranian ministry of road and urban development and the Turkish government, Energy Minister Mahmud Va’ezi left Tehran for Ankara on Tauesday in the hope of finding a permanent resolution to a long dispute over transit fees.
The dispute broke out on October 10 when the Turkish side started charging Iranian trucks $31 per each 100 km of travel inside Turkey – a move that was retaliated by Iran in turn.
Turkish officials say the move was in response to the transit fees Iran has been charging Turkish trucks recently, since Ankara has time and again called for a reduction in the fees.
The spat between the two neighboring countries has been resolved to some extent since Iran agreed to temporarily (for 15 days) suspend the decision to seal the fuel tanks of the Turkish trucks crossing its border.
Officials admit that transit fees raised by Iran at its joint border with Turkey could diminish the positive impact of a recent preferential trade agreement (PTA) between the two countries.  
While in Turkey, Va’ezi is also scheduled to meet with several Turkish officials to discuss the possibility of expanding economic ties.

Short URL : http://goo.gl/KdkS2D

You can also read ...

Iran’s net hot-rolled coil consumption was 5.6 million tons in 2017, of which 0.8 million tons were imported.
Russia and Kazakhstan are temporarily stepping back on sales...
Europe May Tap Cryptocurrencies to Shield Iran Against US Sanctions
The European Union may opt for digital currencies in its...
EU foreign policy chief, Federica Mogherini, hailed the imposition of the blocking statute on Monday as a “consistent step forward”.
As it races to save the Iran nuclear deal, the European Union...
Colza Production Exceeds Expectations
The government has purchased more than 300,000 tons of colza...
Plastic Production Plant Launched in Chabahar
A factory producing different kinds of plastic products was...
Secondary Forex Market: Corruption Loopholes Abound
Two goals set have been set for the recent establishment of...
Hashtgerd Subway Station Construction Underway
Iranian authorities are pushing ahead with construction plans...
Interbank Rate Tweak to Impact Interest Rates
Officials at the Central Bank of Iran have announced the...

Trending

Googleplus