• العربية
  • فارسی
Brand
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
  • Theme
  • Language
    • العربية
    • فارسی
  • Iran Insight
  • Politics
  • Economy
  • Analysis
  • Special Report
  • Opinion
  • Podcast
  • Live TV
All rights reserved for Volant Media UK Limited
volant media logo

Iranian FM Sets Ambitious Goal For Trade Relations With Turkey

Sep 4, 2023, 11:09 GMT+1
Iran's Foreign Minister Hossein Amir-Abdollahian (right) during a joint press conference with his Turkish counterpart Hakan Fidan in Tehran on September 3, 2023
Iran's Foreign Minister Hossein Amir-Abdollahian (right) during a joint press conference with his Turkish counterpart Hakan Fidan in Tehran on September 3, 2023

Iranian Foreign Minister Hossein Amir-Abdollahian met with his Turkish counterpart, Hakan Fidan, in Tehran to discuss the expansion of bilateral trade relations.

During the meeting, Amir-Abdollahian announced an ambitious goal of increasing trade between the two nations up to 30 billion euros.

The two foreign ministers reiterated their commitment to strengthening economic ties and agreed to sign a comprehensive agreement on trade cooperation.

Notably, during the presidency of Mahmoud Ahmadinejad, Iran and Turkey had previously agreed to increase bilateral trade to 30 billion dollars by 2016. However, recent official figures from Turkey reveal that the trade volume remains significantly lower, with total exports to Iran amounting to only 1.66 billion dollars in the first seven months of this year, and imports from Iran standing at 1.36 billion dollars.

Last year, the total bilateral trade between Iran and Turkey amounted to less than 6.4 billion dollars, underscoring the need for renewed efforts to achieve the ambitious trade target.

Meanwhile, Hakan Fidan, the Turkish Foreign Minister, emphasized the need for cooperation between Turkey and Syria in combating the Kurdish PKK group, recognized as a terrorist organization by Turkey, the European Union, and the United States. He called for increased collaboration between the Syrian government and Ankara on this issue.

Amir-Abdollahian echoed the importance of addressing Turkey and Syria's concerns related to terrorism, border security, and refugees through diplomatic dialogue, emphasizing respect for the sovereignty and territorial integrity of both countries.

Most Viewed

Iran oil exports vanish as regional flows surpass prewar levels
1

Iran oil exports vanish as regional flows surpass prewar levels

2

Iranian weapons, Chinese supplies fuel Houthi advance in Yemen - WSJ

3

Trump says renewed bombing of Iran after midterms 'possible'

4
INSIGHT

Tehran weighs what comes next if US diplomacy fails

5

UK points to Iran role in suspected plot near RAF Fairford

Banner
Banner

Spotlight

  • As the rial sinks, Iranians seek shelter in almost anything else
    INSIGHT

    As the rial sinks, Iranians seek shelter in almost anything else

  • Shot in leg, forced into hiding: Iran protester recounts January crackdown

    Shot in leg, forced into hiding: Iran protester recounts January crackdown

  • Al-Qaeda is Iran's quiet backup if the war turns, expert says

    Al-Qaeda is Iran's quiet backup if the war turns, expert says

  • Can the Caspian give Iran a way around Hormuz?
    ANALYSIS

    Can the Caspian give Iran a way around Hormuz?

  • An account of espionage: From banks and phone lines to Malard missile base blast
    SPECIAL REPORT

    An account of espionage: From banks and phone lines to Malard missile base blast

  • Iran's rhetoric against UAE hardens after Netanyahu visit
    ANALYSIS

    Iran's rhetoric against UAE hardens after Netanyahu visit

  • Leaked Kremlin plan undercuts Moscow's claims on ruble-rial trade with Iran
    INSIGHT

    Leaked Kremlin plan undercuts Moscow's claims on ruble-rial trade with Iran

Banner
Banner
Banner