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Iran, Turkey to cooperate in internet, satellite sectors

Business Materials 17 January 2015 15:44 (UTC +04:00)
Iran and Turkey plan to boost their cooperation in different fields including internet, satellite, optical fiber, and E-government.
Iran, Turkey to cooperate in internet, satellite sectors

Tehran, Iran, Jan. 17
By Milad Fashtami - Trend:

Iran and Turkey plan to boost their cooperation in different fields including internet, satellite, optical fiber, and E-government.

Iranian Minister of Communications and Information Technology, Mahmoud Vaezi, said that based on a signed contract, Iran will use a European bandwidth via turkey for 15 years, Iran's IRNA News Agency reported on Jan. 17.
"Turkish firms agreed to pass their knowledge of building satellites to Iranian companies," he added.

He made the remarks at the end of a three-day visit to Turkey.

During the visit, the Iranian minister held several meetings with high-ranking Turkish officials.

Vaezi said earlier that Tehran and Ankara can reach bilateral trade volume of $30 billion by implementing preferential trade agreement.

"The two countries need to boost their cooperation in different fields such as economy, technology, and industry," he said.

Vaezi, who is a co-chairman of the Iran-Turkey Joint Economic Commission, discussed obstacles hampering the two countries' trade growth up to $30 billion in his talks with Turkish officials.

The discussions also concerned the agreements reached during the first meeting of the High Level Cooperation Council between the two countries.

The two countries' trade turnover stood at $13.5 billion in 2013, according to the Iranian media.

Iran's oil and gas exports accounted for $7.6 billion of the mentioned amount, while Turkey's exports to Iran were a little more than $4 billion.

The trade turnover between the two countries was around $22 billion in 2012. Iran and Turkey eye to increase their bilateral trade to $100 billion in nine years.

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