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Turkish exports to Iran rise by 10-fold in 14 years

Business Materials 13 April 2014 16:11 (UTC +04:00)

Tehran, Iran, April 13

By Milad Fashtami - Trend:

Turkey's exports to Iran have increased by ten times since 2000.

Turkish Consulate General in East Azerbaijan province, Guven Begec, said that Ankara's exports to Tehran were around $2 billion in 2000, Iran's ISNA News Agency reported on April 13.

"But the figure has reached $20 billion now," he said.

He added that the two countries intend to increase the trade volume to $35 billion by 2015.

"Turkish government seeks to boost bilateral ties with Iran," he said.

Iran and Turkey eye to increase their bilateral trade to $100 billion in nine years.

Iran-Turkey trade was around $22 billion in 2012.

The two countries have always stressed that their short-term annual trade target should be about $30-35 billion.

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