Homepage / ECONOMY / Turkish-Iranian bilateral trade could potentially exceed $100B, Iranian envoy says
Olive oil exports breaking records 568 EIB member exporters received green passports New investment incentives approved “Important links established in China” Top business association supports reforms Basic economic problems and solutions American market demands more Turkish seafood Turkish cherry on its way to China “We need to work on organic products in the Japanese market.” Turkish natural stone splendor in Xiamen Turkey’s brand in exportation: Aegean Exporters’ Association Excellence of accommodation at a sanctuary of tranquility: CUNDA HOTEL Baltali’s philosophy: “We produce with maternal sensitivity” A guide to enjoy the life at Nortern Aegean: Ayvalık Akhisar’s rooted company offers high quality and wide range of products:Alhatoğlu Olive Oil Akhisar Commodity Exchange will introduce Turkish olive and olive oil to international markets Turkey’s tourism revenue up nearly 20 percent in 2017 Arab investors’ interest in Torbalı Turkey to support entrepreneurs in clean technology Turkish textile sector made 74 thousand $ per minute export Number of technoparks in Turkey rises to 71 Reform package to boost Turkey’s investment environment Turkish online gaming sector to reach $2 billion by 2020 Turkish Marble Sector gathered in Muğla for environment In all sectors, Turkey shines with great export potential Italian pianist Libetta to perform with Turkish pianist Onay Nearly 330 thousand visitors enjoy balloon ride in Cappadocia Izmir awarded as “eco-friendly” city A giant breakthrough from İzeltaş Global bridal fashion sector met in İzmir Domestic tourism surges 16.1 pct in 2017 Q3 Fiat Egea: Turkey’s most preferred model Turkey’s exports surge in January Export record in January from Aegean companies Tarakçıoğlu: More than 40 Turkish firms will show up at Foodex Japan Getting ready for MODEKO fair, furniture sector exported 120 M$ from Aegean region “Kaya: The Turkish mining sector will continue its upward trend in 2018” “Now the world wıshes to be here” Aegean export champions received awards 10 percent of fresh fruit and vegetable sector exports will carried by air cargo Turkish fishermen are ambitious to enter US market Turkish TV series made 350M $ export 1.5B $ export from leather sector Denizli towels’ new target market: US Turkey’s largest agriculture fair opens in Izmir Zeybekci: Turkey’s growth may be in double-digit in Q3 Vardarcı Makina focusing on R&D operations Turkey’s tourism earnings to reach $30 billion in 2018 Turkey plans direct Treasury transfers to lure more investments A journey of taste from Bulgaria to Ayvalik Turkey’s potential in agro-food sector and export capacity Four Turkish cities among top tourist destinations Turk Eximbank becomes full member of Asian Exim Banks Forum EU raises Turkey’s growth forecast Erdoğan & Elon Musk discuss Tesla cooperation with Turkish firms Özgener: 2018 exportation expected to reach 1B $ Turkey will reach its export target of $ 156.5 billion Seyyar: We expect the rise to continue in 2018 Tarakçıoğlu: Our trading is not affected by regional developments Kaya: We are in a position which we can go beyond the goals of 2023 Galiko: Our export performance is fine despite crises Celep: Exports worth 3 billion dollars is our goal for the year 2023 Kızılgüneşler: We target 1,3B $ export in 2018 Limited production, high quality: CMRT Olive Oil Excellent olive oil from excellent olives Russia agrees to import 50,000 tons of Turkish tomatoes in December Moscow Exchange to start trading Turkish Lira, Japanese yen in 2018 Turkey’s industrial production rises 5.2 percent year-on-year Menkur Tarım picks and processes high quality chestnut and cherry Exportation of cereals, pulses, oil seeds and products in Turkey Aegean fishermen making three thirds of the Turkey’s seafood exportation Olive oil exportation of Turkey breaking records Tobacco and products sector in Turkey Advantages of Turkey as a major food exporter “The most reliable product can be bought from Turkey.” Follow the stands of the Turkish firms for the innovations in the food and beverage sector Demand for Turkish dry fruits increase Baltali’s philosophy: “We produce with maternal sensitivity” Turkey’s advantages for producing fresh fruits Shining star of tourism and agriculture: ÖDEMİŞ Turkey’s exports rose 12 percent in August Turkey’s industrial production up in July The first ship to export dried figs will set sail on October 11 Turkish, Israeli companies engage in big diamond trade “Investments started to recover and foreign demand is strong” Turkish PM indicates $300B investment in 10 years ANFAŞ General Manager Özer’s call for FoodProduct: Don’t be late! Comments on Economic Expansion Turkish Trade Center opens in New York Amid stong growth, Fitch to review Turkey’s growth outlook Two Awards to Pinar by Stevie Awards Global economists see Turkey’s growth as positive development Turkish-Iranian bilateral trade could potentially exceed $100B, Iranian envoy says Turkey’s exports to Russia soar 52.5 percent since January Istanbul drops 12 places in global financial centers index Over 6,500 new companies launched in August The first ship to export dried figs will set sail on October 11 Turkish gov’t to establish 5 mega industrial zones Turkey’s industrial production soars 14.5 pct in July Turkey’s economy grows 5.1 percent in second quarter of year


Turkish-Iranian bilateral trade could potentially exceed $100B, Iranian envoy says

As economic relations between Turkey and Iran enter an “active” period, trade volume between the two countries is expected to potentially exceed $100 billion, according to Iranian Ambassador to Ankara Mohammad Ebrahim Taherian Fard.

Speaking to Turkish daily Dünya, Ambassador Fard said that meetings of the Joint Economic Commission (KEK) and other organizations regarding strategic cooperation between Ankara and Tehran will be very important for boosting bilateral trade volume, which is expected to reach $30 billion in the first stage. Attended by President Recep Tayyip Erdoğan, the meetings point to a period of strengthened economic relations centered on cooperation between the two countries, which have a combined population of around 80 million people.

Indicating that Iran has neighborly relations with 15 countries in the region, Ambassador Fard said, “Turkey has an important place among the countries that share our soil as neighbors. We have multi-dimensional relations in terms of cultural, economic, political issues as well as national security and military-related issues. I am pleased to say that I am happy as our relationship [regarding these areas] has become stronger,” he said.

Expressing that one of the most significant events which demonstrated the solid relationship between Ankara and Tehran was the July 15 failed coup attempt in Turkey, the Iranian ambassador said: “Iran and Turkey engaged in close ties during the failed coup attempt. The Iranian government and the people of Iran have raised their voices loudly as it was important for us to stand against this failed coup attempt. Events such as the coup attempt can be used as a gauge for measuring diplomatic relationships. On the other hand, some leaders from countries that call themselves our ‘friends’ have been mere passive observers during this period, expressing their stance on the issues too late.”

Regarding Turkish-Iranian economic relations, Ambassador Fard said that in the near future the Iranian consulate has plans to organize a fair in Istanbul that they have been unable to organize in Iran for roughly a decade.

“In the context of the Joint Economic Commission [KEK] established between the two countries, Iranian Minister of Industry, Mines, and Trade Mohammad Reza Nematzadeh in recent days was selected by Iran to be the co-president of the Joint Economic Commission. A total of 25 KEK meetings have been held to date, the last one of which took place in Ankara. While the next meeting will be held in Tehran, shortly thereafter the fourth strategic cooperation meeting will be held in Tehran with the participation of the presidents of the two countries. All these developments will help to improve relations between the two countries,” Fard said.

“One of the most important tasks of our colleagues at our [Iranian] Embassy and other consulates is to develop economic and trade relations in Turkey and to achieve the trade volume goals set by our president. We know that we have to work hard to achieve that goal and we are making serious efforts to remove the obstacles,” he added.

Ambassador Fard indicated that the $100 billion in trade volume between the two countries was brought to the agenda by Turkish authorities, saying that they share the same opinion as Iran. “There is no change in potential. In fact, the potential Iran and Turkey hold is much higher than this. Both countries have a population of 80 million. This number alone reveals that the potential is extremely high. It also shows that we need to make significantly more economic developments. Energy, tourism, logistics and co-production have high potential and are in the hands of the two countries, both of which need to see economic reform,” he said.(dailysabah)

Comments are closed.