Iran, Pakistan, Turkey to facilitate customs regulations

Azerbaijan, Baku, Nov.30 /Trend F.Milad/

Iran, Pakistan and Turkey have agreed to facilitate their customs regulations, the Head of Iran's Customs Administration Abbas Memarzadeh said on Friday.

Based on the agreement, the three countries have pledged to remove current obstacles to facilitate their trade exchanges and transactions, the IRNA News Agency reported.

The agreement was reached at the sidelines of the 'Development of the Silk Road Trade Conference' in Istanbul.

Memarnejad represented Iran at the event. During his visit to Istanbul, Memarnejad also held talks with the Turkish officials.

In his meeting with Turkey's Customs and Trade Minister Hayati Yazici, Memarnejad discussed possible ways to boost the two country's bilateral ties.

Iranian Vice President Ali Saeedlou said on November 20 that Iran is ready to boost its annual trade with neighbouring Turkey up to 30 billion dollars.

Saeedlou made the remarks after meeting with Turkish Development Minister Cevdet Yilmaz in Turkey, the IRIB News Agency reported.

Yilmaz for his side said that his country is making effort to finalize a preferential trade agreement with Iran as soon as possible.

In a meeting with a number of Iranian economic, political and cultural officials in Turkey, he said that Turkey wants free trade and investment with Iran.

He put the bilateral trade during the first 9 months of 2012 at around $18 billion, adding that the two sides plan to reach the value to $30 billion annually.