Iran-Turkey trade value touches $22bln in 2012

TEHRAN (FNA)- Iran-Turkey trade value stood at $22 billion in 2012, Iranian Ambassador to Ankara Alireza Bigdeli announced, expressing the hope that economic relations between the two countries would further expand in the near future.

Addressing the Iranian and Turkish businessmen in Istanbul on Wednesday, Bigdeli said that the Iranian officials are determined to further deepen relations between Tehran and Ankara.

He said that Iranian and Turkish officials spare no efforts to build confidence in order to bring more understanding between the two nations.

He said that Iran and Turkey relations have experienced many ups and downs, hoping for a very promising future in terms of cooperation and friendship.

The volume of trade in the year 2012 surpassed $22 billion, Bigdeli said.

Current volume of trade between Iran and Turkey stands at $20 billion which is expected to hit $35 billion in the future, he said.

Trade between Turkey and Iran has risen sharply over the past decade.

Turkey was Iran’s fifth-largest oil customer in 2011, buying around 200,000 barrels per day, 30 percent of its total imports and more than 7 percent of Iran’s oil exports.

The two countries officials stressed the necessity for stronger relations and pursuing the planned increase of mutual trade to $30bln by 2015.

By Fars News Agency


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