Baku, Azerbaijan, Jan. 29
By Rahim Zamanov - Trend:
Turkish Prime Minister Recep Tayyip Erdogan arrived in Iran, Iran's IRNA News Agency reported on Jan.29.
Turkish prime minister is heading a high-ranking delegation.
Iran's Deputy Foreign Minister for Arab and African Affairs Hossein Amirabdollahian welcomed Erdogan at Tehran's Mehrabad airport.
Turkish prime minister is scheduled to hold a meeting with Iranian President Hassan Rouhani on Wednesday.
Boosting bilateral trade ties is considered as the main priority of Erdogan's two-day official visit to Tehran.
According to IRNA, the two countries, trade volume stood at $13.5 billion in 2013. 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.
Iran and Turkey eye to increase their bilateral trade to $30 billion in near future. The figure is scheduled to reach $100 billion in nine years.
Iranian Oil Minister Bijan Namdar Zangane held a meeting with Turkish Prime Minister Recep Tayyip Erdogan in Anakra on Jan. 21, the Iranian IRIB News Agency reported.
"During the meeting we reached some good agreements to boost bilateral trade ties," Zanganeh added.
Each country formed a group to continue the negotiations, so that the two neighboring states be able to finalize the agreements and sign the memorandums of understanding during the Turkish prime minister's visit to Tehran.
The Iran-Turkey trade was around 22 billion dollars in 2012.
The two countries have always stressed that their short-term annual trade target should be about 30-35 billion dollars.