Halk Bank of Turkey will continue to handle Iran’s commercial transactions despite the mounting US pressure, Turkish ambassador to Iran told the head of the Tehran Chamber of Commerce, Industries, Mines and Agriculture Monday.
“Halk Bank continues to cooperate with Iran despite the US threats,” Derya Ors said, noting that the bank currently handles 85% of the bilateral trade, the TCCIM website reported.
Ors pointed to the restrictions on Iran’s oil industry as the main obstacle to developing two-way economic relations, saying “Turkey is looking for ways to continue buying Iranian oil”.
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