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Iran, Turkey keen to boost trade balance to $30 billion

Staff writer |
Iranian Parliament Speaker Ali Larijani and Turkish President Recep Tayyip Erdogan in a meeting in Istanbul called for the further expansion of bilateral ties, and underlined that the two countries can easily increase their trade balance to $30 billion in the near future.

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Larijani and Erdogan underlined the need for increasing mutual cooperation in the energy, transport, trade and industrial sectors. Referring to the Iran-Turkey commonalities, the two top officials reiterated that the 30-billion-dollar trade balance is possible.

Further in the meeting, the Iranian parliament speaker and the Turkish president discussed ways to put an end to the regional crises by peaceful means and help restore peace and stability in the Muslim states.

Iran and Turkey have been pursuing increasing widening of their ties in various fields in the last two decades. Iran is a main energy supplier to Turkey and Ankara has made huge investments in Iran.< Iran is a main destination of Turkish goods and Turkey is among the top destinations of Iranian tourists and traders.

The two states plan to multiply their trade transactions in the next few years.

In November, Iran's Ambassador to Turkey Bigdeli underlined that Tehran and Ankara have to increase their efforts to reach their planned objectives for 2015.

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