04 October 2017 - 18:27

Iran,Turkey to Trade with Lire and Riyal

Rouhani says "Iran-Turkey's tarde volume has been targeted at $30 bn annually and two countries' currency will be used in business transactions."
News ID : 75682
روحانی و اردوغان

President Hassan Rouhani at a joint meeting with his Turkish counterpart, Recep Tayyip Erdogan, noted that "two countries relations have increased in regard to myriad fields such as economic, cultural issues... in recent years."



Rouhani highlighted that at the joint strategic cooperation meeting, significant decisions heave been made as to development of mutual economic cooperation.

He went on, expressing "banking relations development and trading with two countries' currency were today's most important decisions and those decisions regarding banking relations development have been taken today, will be finalized and operated soon."

President Rouhani stressed that shipping and transiting goods between Iran and Turkey in 3 significant border spots as well as providing facilities regarding customs affairs can help to expand relations.

"It has been taken decision that three borders to be open 24 hours and two of them start their activities round-the-clock from tomorrow" he said.

President Rouhani stated "regarding two countries relations in investment area, Iran announced, it will provide required facilities for Turkish investors, in particular, tourism, petrochemicals and infrastructures fields and also Turkish side said, there is preparation for investment."

"It has been also decided Turkish side to get more gas from Iran in regard to oil and gas relations, and talks will be done between Iran and Turkey's ministries and Iran is prepared to welcome Turkish gas investors", Rouhani said.

President Rouhani emphasized the importance of tourist and economic issues and their effect on Iran and Turkey, saying "authorities of theses areas will develop two countries' tourism relations, based on deals they will have."

Rouhani pointed to economic and commercial development of two countries, expressing "achieving 30 billion dollars has been aimed for two countries' trade transactions per year."










Send Comment