Iran-Turkey Trade Surpasses $14 Billion
TEHRAN (Iran News) Mohammad Hossein Habibollahzadeh made these remarks on Monday during a coordination meeting at the Iranian Embassy in Turkey, which was held on the sidelines of a visit by Minister Farzaneh Sadegh to Turkey. He noted the close cooperation between the Islamic Republic of Iran and the Republic of Turkey in various sectors such as rail, road, maritime, transit, border terminals, and economic and trade exchanges. He emphasized that this collaboration remains crucial for Turkey.
The Iranian ambassador further stated that last year, Turkey was Iran’s third-largest trade partner, and it is expected to become the second-largest partner this year. “Iran-Turkey”
Habibollahzadeh explained that in the Iranian calendar year 1402 (March 2023 – March 2024), trade exchanges between the two countries amounted to $12 billion, which has now exceeded $14 billion by December 2024. It is anticipated that the total trade volume will reach $16 billion.
He added that Turkey’s distinction from other countries lies in the quality of imports and exports exchanged between the two nations. A wide range of essential goods and equipment are imported from Turkey to Iran and vice versa, creating unique opportunities for both sides. Therefore, maintaining the strong bilateral relationship is essential.
The report also mentioned that during the coordination meeting, discussions were held on topics related to highway tolls and transit issues.
- source : IRAN NEWS ECONOMIC DESK