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Turkish trade delegation visits Iran

Business Materials 20 September 2014 13:43 (UTC +04:00)
A delegation from Turkish Exporters Assembly is in Iran to discuss ways to boost relations with Iranian traders.
Turkish trade delegation visits Iran

Baku, Azerbaijan, Sept.20

By Fatih Karimov - Trend: A delegation from Turkish Exporters Assembly is in Iran to discuss ways to boost relations with Iranian traders.

The delegation will attend a conference of Iranian-Turkish businessmen which will be held on Sept.22, Iran's Mehr news agency reported on Sept. 20.

Members of the Turkish delegation are active in the areas of food and sea products, wood, steel, car, and textile industries.

Iranian Ambassador to Ankara Alireza Bigdeli said in April that Iran and Turkey have set a target of nearly $16 billion in the volume of their bilateral trade transactions during the current Iranian calendar year (started March 21), Press TV reported.

He added that Iran-Turkey trade turnover stood at $1.2 billion in the first quarter of the year 2014 given the released monthly reports, adding that the figure would rise to $20 billion once a preferential trade agreement signed by the two countries is enforced, IRNA reported.

Iran and Turkey have signed a preferential trade agreement which could pave the way for a hike in the bilateral trade. The agreement was signed during Turkish Prime Minister Recep Tayyip Erdogan's visit to Tehran in January. At the time, Erdogan said the goal is to boost trade between the two neighbors to $30 billion by 2015.

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