IRICA Chief in Turkey

EghtesadOnline: Foroud Asgari, the new head of the Islamic Republic of Iran Customs Administration, left Iran for Turkey at the head of a delegation to meet the neighboring country’s deputy ministers of customs and trade, and economy.

News ID: 779460

During his visit, Asgari will explore ways of expanding bilateral commercial and customs cooperation with Turkish officials, IRNA reported on Monday. Iran exported $4.5 billion worth of goods to Turkey during the seven months ending July 2017, registering an 80% rise compared with the corresponding period of last year, Tasnim News Agency reported recently, citing the Turkish Statistical Institute. Imports from the neighboring country over the same period amounted to $1.8 billion, indicating a 37% fall year-on-year. Iran-Turkey trade stood at $6.3 billion over the seven-month period, showing a 16% rise YOY. Iran and Turkey are signatories to a preferential agreement that was signed in January 2014 and took effect a year later, according to Financial Tribune.