Baku, Azerbaijan, Apr.8
By Fatih Karimov - Trend:
Iran and Turkey signed a cooperation document, according to which the two sides will boost bilateral transport by 450,000 metric tons in 2015.
Iranian Transport and Urban Development Minister Abbas Akhoundi and Turkish Development Minister Cevdet Yilmaz inked the document, Iran's Mehr news agency reported on April 8.
Based on the document, the two countries will increase the volume of bilateral transport by one million metric tons in 2017.
The two countries will start studies for establishing a railroad on the Gurbulak-Bazargan border.
Turkish President Recep Tayyip Erdogan, heading a delegation, paid a short-term visit to Tehran on Apr.7. Turkish delegation included the country's Foreign Minister Mevlut Cavusoglu, Economy Minister Nihat Zeybekci, Minister of Customs and Trade Nurettin Canikli, Minister of Energy and Natural Resources Taner Yildiz and other government members.
Reportedly, during the visit of Turkish president to Iran, the sides signed a total of eight intergovernmental agreements.
The bilateral trade turnover between Turkey and Iran stood at $13.6 billion in 2014, according to Turkish Statistical Institute, while this figure was equal to $14.4 billion in 2013.
The two countries intend to bring the volume of bilateral trade turnover to $30 billion.