
Iran and Turkey aim to triple their annual trade to $30 billion within two years, officials said in Tehran on Saturday, despite the two countries being at odds over fighting in Syria.
Following last year's nuclear deal with world powers Iran is being targeted by Europe as a new market but Turkey is also seeking to cash in after the end of most international sanctions on Iran.
Visiting the Iranian capital, Turkish Prime Minister Ahmet Davutoglu met Iran's first vice president Eshaq Jahangiri.
"We have set a target of $30 billion for our trade," Jahangiri said in a press briefing broadcast on state television, outlining a two year timeframe for upping the figure from its current $10 billion.
Trade between Turkey and Iran slipped from $15 billion to around $10 billion in the past 12 months, with less imports reaching Tehran.
Iran sells gas to Turkey and an increase in exports is one of the topics that should be discussed during Davutoglu's trip.
The trade target comes after tensions rose between Turkey and Iran over the war in Syria after Ankara shot down a Russian fighter plane last year.
Russia and Iran back Syrian President Bashar al-Assad while Turkey has sought his removal and supported rebels fighting to overthrow the Damascus regime.
Jahangiri acknowledged that Iran has "differences" with Turkey on regional issues.
GMT 15:13 2018 Saturday ,20 January
US 'erred' in supporting WTO membership for China, RussiaGMT 17:22 2018 Thursday ,18 January
US industrial output in 2017 posts biggest gain since 2010GMT 17:12 2018 Thursday ,18 January
No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
EU to remove Panama, South Korea from tax haven blacklistGMT 17:16 2018 Wednesday ,17 January
Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
Pressure rises on British govt over Carillion collapseGMT 17:52 2018 Monday ,15 January
Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor