Turkey asks Iran for investment incentives
Tehran, Iran, April 30
By Mehdi Sepahvand - Trend:
Turkey has asked Iran for incentives so that Turkish businessmen would become more willing to invest in Iranian industrial zones.
The request was made during a meeting between Turkish Deputy Minister of Science, Industry and Technology Ramazan Yildirim and Iranian Deputy Minister of Industry, Mine, and Trade Ali Yazdani, ISNA news agency reported April 30.
The Turkish official said his country is interested in cooperation with Iran in various technological fields.
The sides in the meeting also arranged for a Turkish industrial delegation to visit Iranian industrial zones and become familiarized with opportunities as well as legal points and regulations.
Yazdani, for his part, also said Iranian companies are willing to invest in industrial zones in Turkey.
Yazdani, accompanied by a delegation of the ministry officials and heads of Iranian industrial parks, arrived in Anakara on Thursday.
Iran and Turkey recently signed a memorandum of understanding on development of industrial parks.
The value of trade between the Islamic Republic of Iran and Turkey during the first quarter of 2016 stood at $2.01 billion, according to data released April 29 by the Turkish Statistical Institute.
According to the report, Iran was the 12th country among the biggest importers of Turkish goods and the eleventh among those supplying the country's import needs during the first three months of 2016.