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Iran, Turkey seek $30bn trade ties

Iran Materials 14 February 2011 15:28 (UTC +04:00)
Iranian President Mahmoud Ahmadinejad has expressed the country's firm determination to increase the value of annual trade ties with Turkey to 30 billion dollars
Iran, Turkey seek $30bn trade ties

Iranian President Mahmoud Ahmadinejad has expressed the country's firm determination to increase the value of annual trade ties with Turkey to 30 billion dollars, reported Press TV.

"We are determined to immediately reach the value of our annual trade ties with Turkey to 30 billion dollars through the expansion of all-out cooperation," said the Iranian president in a joint press conference with his Turkish counterpart Abdullah Gul in the Iranian capital city of Tehran on Monday.

He added that the value of Iran's trade ties with Turkey surpassed 10 billion dollars last year and noted that the two countries have the capabilities to upgrade their trade to $30 billion.

President Ahmadinejad emphasized that a joint venture between Tehran and Ankara in various fields of electricity and energy would be added to the figure.

"Iran and Turkey enjoy deep, brotherly and enduring relations," the Iranian chief executive said, adding the two countries have been bolstering ties in different fields during recent years.

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