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Iran, Turkey may establish joint bank: official

Business Materials 12 October 2018 17:45 (UTC +04:00)

Tehran, Iran, Oct. 12

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Iran has recently proposed to establish a joint bank with Turkey for development of trade relations, Secretary General of the Iran-Turkey Council Seyyed Jalal Ebrahimi told Trend.

“Iran and Turkey require at least six months for establishing a joint bank,” he said.

Seyyed Jalal Ebrahimi also said in order to boost the trade between Iran and Turkey, it is necessary to establish an Iran-Turkey export guarantee fund.

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