Iran and Turkey are creating a new shipping company. The company will allow to increase shipment capacities through the world ocean. The sides have agreed the document during the visit of Iranian Trade Minister Masud Mir-Kazemi to Turkey.
The initiative to create the joint shipping company was put forward by Turkey, the IRNA said.
For recently Iran and Turkey are enhancing their trade relations. The sides have agreed to review the idea excluding USD from trade turnover and use of national currency.