Iran to expand trade with Turkey by 2015

TEHRAN, March 12 (MNA) – Iran’s Minister of Communications and Information Technology has said Iran and Turkey will expand bilateral trade by 2015.

The target set by the two countries is to expand trade balance to $ 30b, which we work to achieve through planning and eliminating the barriers,” Mahmoud Vaezi was quoted by the ministry public relations office as saying.

Vaezi who was receiving Turkish deputy-PM Feridun Hadi Sinirlioğlu in Tehran today (Wednesday), said that Tehran would be hub for joint economic commission in the upcoming month.

Vaezi is the head of Iran-Turkey joint economic commission. “The 11th Cabinet is determined to expand relations in economics, energy, culture, industry and tourism sectors with neighboring countries especially Turkey, and to improve potentials of bilateral cooperation,” he added.

Turkish deputy-PM believed that Iran was a great neighbor for Turkey. “In recent months, the ties between the two countries have been rapidly expanded,” he added.

“Iran, with massive oil and gas reservoirs, would be the best and important supplier of energy for Turkey in the next decades,” he said.

 By Mehr News Agency 

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