The national flag carrier airline of Turkey, Turkish Airlines, will begin its cargo flights to the Iranian capital city of Tehran later this week.Turkish Airlines announced on Monday that the flights are planned as one per week, and will start as of July 31.
In April, Turkish Minister of Development Cevdet Yilmaz called for the expansion of economic ties with neighboring Islamic Republic despite foreign pressures.
Turkey has legitimate trade ties with Iran and foreign factors should not inhibit the development of relations, Yilmaz stated.
Pointing to the unilateral Western sanctions imposed on Iran over its nuclear energy program, the Turkish minister said that Turkey abides only by the UN Security Council ratifications.
Yilmaz went on to say that Iran and Turkey hold favorable ties and seek to increase the volume of trade transactions to USD 35 billion from the current level of USD 22 billion.
He described investments as an instrumental factor in the consolidation of economic ties between the two countries and added that Ankara welcomes investments made by Iranian companies in Turkey
In December 2012, Irans ambassador to Turkey said Tehran and Ankara have the potential to increase the volume of their trade fivefold to USD 100 billion a year.
Ambassador Bahman Hosseinpour added that ample investment opportunities await Turkish investors in Iran.
By Press TV
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