Press TV - Turkish President Recep Tayyip Erdogan has denounced as politically motivated the US prosecutors recent charges against a former economy minister accused of violating US sanctions on Iran, calling on Washington to review the move. "I say clearly, I see this step taken against our former economy minister [Mehmet Zafer Caglayan] as ...

ISTANBUL, Jan 4 (Reuters) - Turkey's gold exports rose nearly 800 percent last year on the back of soaring sales to Iran and the trade will continue, despite tightening U.S. sanctions on Tehran, Turkey'seconomyminister said on Friday. Turkish gold exports rose to $12.7 billion in the first eleven months of 2012 compared to the $1.47 billion exported ...

Turkish Prime Minister Recep Tayyip Erdogan says his ruling AK Party will not put up with corruption following resignations of three cabinet members over a huge graft probe that has plagued the government. The AK Party does not overlook or tolerate corruption. If it does, it will have removed its raison d'etre, Erdogan told a meeting of his party ...

Three Turkish ministers have stepped down amid a corruption scandal that has plagued the government of Prime Minister Recep Tayyip Erdogan. On Wednesday, Environment Minister Erdogan Bayraktar announced his resignation just hours after Interior Minister Muammer Guler and Economy Minister Zafer Caglayan both stepped down. Bayraktar called on the ...

A high-ranking Turkish official says the Islamic Republic of Iran and Turkey plan to set up a joint free tradezone in order to further increase economic interactions. On Thursday, Turkeys Deputy Economy Minister Ibrahim Senelsaid that the two countries are currently working on the project, Turkish-language newspaperSabahreported. On November 28,...

Ankara, Nov 25, IRNA -- Turkish Minister of Economy Zafer Caglayan said in Istanbul on Monday that Turkey is optimistic about signing comprehensive agreement between Iran and Group 5+1 as per the schedule. Caglayan told reporters that it would be a very important development for Turkey to develop economic cooperation with the Islamic Republic of Iran ...

Turkey will not be swayed by U.S. sanctions pressure to halt gold exports to Iran but Tehran's demand for the metal may fall this year, Economy Minister Zafer Caglayan said on Thursday. Trade in Turkish gold bars to Iran via Dubai is drying up as banks and dealers increasingly refuse to buy the bullion to avoid sanctions risks associated with ...

Economy Minister Zafer Caglayan leveled harsh words at the EU on Friday over Turkey's gold trade with Iran, telling reporters in ?stanbul on Friday that the sanctions do not concern Turkey Today`s Zaman reproted. "The EU has decided on sanctions. I'm selling. Another's sanctions don't concern me," he told reporters. The words come as the EU steps ...