Iran-Turkey annual trade anticipated to reach $10b by next March

TEHRAN- The head of Iran-Turkey Joint Chamber of Commerce stated that the value of bilateral trade between the two countries is forecast to reach $10 billion in the current Iranian calendar year (ends on March 20, 2020).

Exports from Iran to Turkey stands at $2b in 2020

TEHRAN- Iran has exported $2 billion of commodities to Turkey in 2020, the head of Iran-Turkey Joint Chamber of Commerce announced.

Imports through Bazargan border crossing exceeds $330m

TEHRAN – Some 240,182 tons of commodities worth $330.867 million have been imported into Iran through Bazargan border crossing since the beginning of the current Iranian calendar year (March 20, 2020), according to the Bazargan customs director-general.

Trade between Iran, Turkey drops 67% in 7 months on year

TEHRAN- The value of trade between Iran and Turkey fell 67 percent in the first seven months of 2020, from that of the same period of time in the past year, ILNA reported, citing the data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).

TCCIMA inks co-op MOU with Iran-Turkey Joint Chamber

TEHRAN – Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) has signed a memorandum of understanding (MOU) with Iran-Turkey Joint Chamber of Commerce for cooperation in drawing a roadmap for expansion of trade between the two countries.

Coronavirus pandemic reduces Iran’s exports to Turkey by 90%

TEHRAN- The coronavirus pandemic has decreased Iran’s exports to Turkey by 90 percent, the chairman of Iran-Turkey Joint Chamber of Commerce told ILNA on Tuesday.

TPO holds meeting of desk on trade with Turkey

TEHRAN- Trade Promotion Organization (TPO) of Iran held a meeting of the desk on trade with Turkey to explore the ways for the expansion of exports to the neighboring country and also recognizing the limitations in the way of Iran-Turkey trade, director-general of Asia and Pacific Office of TPO announced.

Iran’s exports to Turkey running via road, railway

TEHRAN- The chairman of Iran-Turkey Joint Chamber of Commerce told IRNA on Saturday that Iran’s export to Turkey is continuing via the roads and railway.

150 Iranian trucks enter Turkey as borders reopen

TEHRAN- On the first day of reopening land borders between Iran and Turkey after more than three months, 150 Iranian trucks entered Turkey, the spokesman of the Islamic Republic of Iran Customs Administration (IRICA) announced on Saturday.

Iran-Turkey main trade gate to reopen this week

TEHRAN- The main trade gate between Iran and Turkey, which has been closed for three months due to the coronavirus pandemic, will be reopened this week.

Railway transports 6,300 wagons of goods between Iran, Turkey in 70 days

TPO holds meeting to discuss new protocols for trade with Turkey

TEHRAN – Trade Promotion Organization of Iran (TPO) hosted a meeting to explore new health and transportation protocols for trade with Turkey, the TPO portal reported.

TPO to hold seminar on business in Turkey’s market in late Jan.

TEHRAN- Iran’s Trade Promotion Organization (TPO) plans to hold a seminar on doing business in the markets of Turkey on January 27, TPO website published.

Iran’s trade balance with Turkey positive in 10 months

TEHRAN- Trade balance between Iran and Turkey was $1.1 billion positive in favor of Iran during the first 10 months of 2019, ISNA reported on Saturday, citing the data released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).

Iran-Turkey trade possible to reach $30b despite U.S. sanctions

TEHRAN- During the 27th meeting of Iran-Turkey Joint Economic Committee, which was held in Ankara from September 16 to 18, the two sides investigated different ways of reaching the targeted $30-billion bilateral trade and reiterated that reaching this figure is possible despite the pressures of the U.S. sanctions.

Exports from Iran to Turkey stands at $2.8b in 7 months

TEHRAN- The value of Iran’s export to its neighbor Turkey stood at $2.8 billion during the first seven months of 2019, ILNA reported citing a report released by Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA).

Iran, Turkey form preferential trade agreement committee

TEHRAN – Senior officials from Iran and Turkey’s economic sectors met on Tuesday as a committee to follow up on the preferential trade agreement reached between the two countries.

CBI governor calls for expansion of banking ties with Turkey

TEHRAN – The Governor of Central Bank of Iran (CBI) Abdolnasser Hemmati said on Friday that without proper banking relations between Iran and Turkey, reaching their $30 billion goal of bilateral trade would be impossible.

By Mahnaz Abdi

Major leap in Iran’s trade with Turkey

While the U.S. unilateral sanctions against Iran have created some limitations for trade with the Western partners which led the Islamic Republic to expand economic and trade ties with its neighbors and boost non-oil exports to them, trade with the northwestern neighbor, Turkey, is growing significantly.

Iran exports $2.5b of commodities to Turkey during January-May

TEHRAN- According to the data released by Turkish Statistical Institute, the country imported $2.57 billion of goods from Iran during January-May of this year, which shows 25 percent drop from $3.435 billion in the same period of time in 2018.

‘Turkey’s trade center in Iran completely active despite U.S. sanctions’

TEHRAN – Head of Iran-Turkey Joint Chamber of Commerce said Turkey’s trade center in Tehran is completely active and the trade is going smoothly between the two countries.

‘Tehran, Ankara working on mechanism to bypass U.S. sanctions’

TEHRAN- Iran and Turkey are working on a financial mechanism channel to bypass the U.S. unilateral sanctions, Iran’s Ambassador to Turkey Mohammad Farazmand announced.

Turkey wants removal of barriers in trade with Iran: Turkish envoy

TEHRAN- Turkish ambassador to Iran said his country wants the barriers in the way of trade with Iran to be removed, IRNA reported.

Iran, Turkey ink MOU on transportation co-op

TEHRAN – Iran and Turkey signed a memorandum of understanding for expanding transportation cooperation, IRIB reported.

Turkey defies U.S. demand for cutting ties with Iran

TEHRAN - Turkey is in cooperation with Iran working on a mechanism to keep the trade between the two sides afloat amid increasing U.S. pressures on Iran’s trade partners to cut ties, Bloomberg reported.

Iran-Turkey trade at $8.2b in 10 months

TEHRAN- According to the latest data released by Turkish Statistical Institute, the trade between Iran and Turkey in the first 10 months of 2018 stood at $8.252 billion, Tasnim news agency reported.