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Turkish president office talks new steps in Iran relations (exclusive)

Türkiye Materials 19 January 2016 11:16 (UTC +04:00)
The lifting of sanctions from Iran is opening up new opportunities in the development of the Tehran-Ankara relations, the Turkish presidential administration told Trend Jan. 19.
Turkish president office talks new steps in Iran relations (exclusive)

Baku, Azerbaijan, Jan. 19

By Rufiz Hafizoglu - Trend:

The lifting of sanctions from Iran is opening up new opportunities in the development of the Tehran-Ankara relations, the Turkish presidential administration told Trend Jan. 19.

The presidential administration said that Turkey welcomes the lifting of international sanctions from Iran, stressing that Turkey has always supported the peaceful nature of Iran's nuclear program.

"The lifting of sanctions from Iran is also a real economic opportunity for Turkey as Tehran is Ankara's economic partner," the administration said.

According to the Turkish Statistics Institute, the trade turnover amounted to $14.2 billion between Iran and Turkey in the first six months of 2015. Ankara and Tehran intend to increase the trade turnover up to $20 billion by late 2016.

On Jan. 16, the IAEA stated about Iran's compliance with its obligations on the Joint Comprehensive Plan of Action (JCPOA aka nuclear deal) necessary for the day of implementation.

This envisages the lifting of sanctions imposed by the UN Security Council, as well as all economic and financial sanctions imposed by the EU and the US related to Iran's nuclear program.

On Jan. 16 night (Jan. 17 Moscow time), the EU official journal published a decision on lifting the financial and economic sanctions from Iran related to its nuclear program from January 16. On Jan. 17, the EU disclosed the details about the cancelled and valid sanctions.

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