Iran, Turkey agree upon liquidation of taxes for export-import operations

Business Materials 9 March 2009 17:33 (UTC +04:00)

Azerbaijan, Baku, March 9 / Trend D. Khatinogli /

Iran and Turkey agreed upon liquidation of taxes and other duties for export-import operations of both countries to reduce impact of the world financial crisis, the Iranian Technical Information Center said.

The agreement was reached at the meeting Development of trade-economic cooperation between Iran and Turkey in Iranian town Hamadan.

Necessity in active development of bilateral relations to reduce impact of the world financial crisis was stressed in the statement.

It is necessary to increase turnover with Turkey from $12 billion to $20 billion, Iranian representatives said at the meeting.