Tehran to Host Iran-Turkey Joint Economic Cooperation Commission

Iran’s minister of roads and urban development said the meeting of the Iran-Turkey Joint Economic Cooperation Commission will be held in Tehran within the next weeks.

News ID: ۸۴۱۶۶۲

09 May 2024

EghtesadOnline: Mehrdad Bazrpash, who heads the Iran-Turkey Joint Economic Cooperation Commission, in a meeting with the chairman of the Iran-Turkey Parliamentary Friendship Group said Turkey is an important country in the region and has established good relations with the Islamic Republic in all areas.

Given the policy taken by the administration of President Ebrahim Raisi regarding the development of relations with the neighbors, Iran is determined to facilitate the trade exchanges between traders of the two countries, he said.

Bazrpash  noted that Iran and Turkey have forged extensive trade relations through the four border terminals of Sero, Razi, Bazargan and Kouzehrash.

Considering the situation of the two countries in accessing European markets and high seas, the officials in Tehran and Ankara have targeted an annual $30 billion trade, Iran’s roads minister added.

He went on to say that Turkey is a very safe route for Iran to access the European markets, adding that the completion of the construction operation of the International East-West International Corridor and South-Northwest Corridor can create unique opportunities for the growth of transit, the IRIB reported.

The chairman of the Iran-Turkey Parliamentary Friendship Group, for his part, highlighted Turkey's resolve to reach an annual $30 billion trade with Iran and increase the number of tourists between the two countries from three million to five million people per year.

Kayhan Turkmenoglu expressed hope that bilateral trade and economic relations would develop more than ever. / Tasnim