Conference on Iranian investment opportunities in Turkey to be held
A large conference will be held soon in Turkey on Iran's investment opportunities in that country, the president of the Organization for Investment, Economic and Technical Assistance of Iran (OIETAI) stated.
The Mehr News Agency quoted Behrouz Alishiri as saying that 130 Iranian entrepreneurs and project managers will attend the conference and take part in specialized panels.
"These panels include fields such as industry and mines, tourism, agriculture, packaging, wood and MDF, foodstuff, downstream industries, petrochemicals, steel, spare parts, automobiles, household appliances, handbags, shoes and leather," he said .
He added that after China, Turkey is the second destination for Iranian investments opportunities.
Alishiri called on commercial chambers of the country, Iran's private sector and entrepreneurs to introduce their new and half-finished projects to OIETAI so they can be proposed to foreign investors.
Over the past few years, Turkey and Iran have increased their financial cooperation gradually deepening their relationship through growing trade and bilateral investment.
Economic relations between Ankara and Tehran began to improve after a groundbreaking official meeting between Turkish President Ahmet Necdet Nezer and Iranian President Mahmoud Ahmadinejad. For the five years following this 2002 meeting, trade between Turkey and Iran increased more than six-fold, hitting $7.5 billion in 2007.
In March 2009, Iran and Turkey signed a memorandum of understanding agreeing to cooperate in air, land, and sea transportation as part of an effort to raise the two countries' bilateral trade to $20 billion.