Iran-Turkey trade
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Iran-Turkey Trade Exchanges Exceed $500 Million in January 2024
The value of the trade exchanges between Iran and Turkey in January 2024 surpassed $500 million, registering a two-percent hike compared to January 2023, the Turkish Statistical Institute (TURKSTAT)…
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First Iran-made catamaran delivered to Turkey
EghtesadOnline: Iran has completed its first export of a catamaran ship built in the country to Turkey, media reports said on Saturday.
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Turkish Economic Mission to Expand PTA With Iran
EghtesadOnline: Turkey's Minister of Economic Affairs Nihat Zeybekci is scheduled to lead a 100-member delegation to Iran to expand the preferential trade agreement in place between the two countries,…
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Trade volume between Iran, Turkey hits $5 billion
EghtesadOnline: Secretary-General of Iran-Turkey Joint Chamber of Commerce Seyyed Jalal Ebrahimi announced that the trade volume between the two countries has reached to $5 billion in 2016, showing…
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Iran Clears 40% of Gas Fine to Turkey
EghtesadOnline: Iran has cleared more than 40% of the fine it was told to pay Turkey by an international tribunal for overpricing natural gas it sold to the Eurasian country, said Asadollah Gharekhani…
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Iran Denies Banking Troubles With Turkey
EghtesadOnline: Governor of the Central Bank of Iran Valiollah Seif has denied reports about Iranians having any problems regarding their bank accounts in Turkey, stressing that banking relations…
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Iran Oil Export to Turkey Doubles
EghtesadOnline: Iranian oil export to Turkey increased more than two times to 211,101 barrels per day during the first quarter of 2017 from the same period last year. According to the statistics…
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Iran, Turkey ink trade pacts worth $100m
EghtesadOnline: Iran and Turkey signed trade documents worth 100 million dollars in the fields of ship-building and execution of construction projects.
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Turkish Banking Team Plans Iran Visit to Resolve Halkbank Dispute
EghtesadOnline: A delegation from the Central Bank of Turkey will soon meet their Iranian counterparts in Tehran to remove hurdles in the way of bilateral banking relations, particularly difficulties…
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13% cut in Iran’s natural gas price to Turkey: Minister
EghtesadOnline: Iranian Petroleum Minister Bijan Zangeneh said that Turkey wanted 62.5 percent discount on Iran's natural gas price but the International Court of Arbitration approved of only…
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Underselling Gas to Turkey Denied
EghtesadOnline: Hamidreza Araqi, managing director of the National Iranian Gas Company (NIGC), has denied speculations that his company is underselling gas to Turkey.
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Call for Overhauling Iran-Turkey PTA
EghtesadOnline: An analysis carried out by the Research Center of Iran Chamber of Commerce, Industries, Mines and Agriculture on Iran’s trade with Turkey before and after the implementation of…
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Forum underlines Iran,Turkey provincial cooperation
EghtesadOnline: Participants of the third round of talks underlined the necessity for cooperation between neighboring border provinces of Iran and Turkey, especially on economic and tourism.
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Iran, Turkey open 3rd border crossing
EghtesadOnline: Esendre-Sarv as the third big border crossing between Turkey and Iran which has been modernized was opened on Friday by Turkish Prime Minister Binali Yildirim.
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Turkey Stresses Importance of Steel Trade With Iran
EghtesadOnline: Representatives of the Turkish steel sector are interested in developing lucrative cooperation with Iran, as steel trade between the two countries is on the uptrend.
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Iranian Firm to Import, Produce Turkish Coaches, Buses
EghtesadOnline: An independent local automotive firm Carmania Arvand has signed a collaboration deal with the Turkish bus manufacturer TEMSA (Termomekanik Sanayi ve Ticaret A.S).
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Turkey keen on making investment in Iran’s auto industry
EghtesadOnline: A Turkish auto industry official said on Sunday that Ankara is keen on making investment in Iran’s automotive industry.
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Iran-Turkey Trade Hurdles
EghtesadOnline: Political challenges and tariff barriers are the main impediments to Iran’s trade ties with Turkey, according to a report by the Export Promotion Commission of Iran Chamber of…
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Iranian official calls for expansion of Tehran-Ankara tourism ties
EghtesadOnline: Cultural Heritage, Handicrafts and Tourism Organization Deputy Morteza Rahmani said on Tuesday that there is no hindrance to expansion of Iran-Turkey tourism relations.
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Turkey to Get Discounted Iranian Gas as Compensation
EghtesadOnline: Iran, which must pay Turkey $1.9 billion in compensation for overpricing its gas exports to the Eurasian country between 2011 and 2015, will offer discount on future gas supplies…
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Turkey increases oil imports from Iran in post-JCPOA era
EghtesadOnline: Turkey as a European customer of Iran's oil in sanctions era, increased its oil imports after the implementation of the nuclear deal known as Joint Comprehensive Plan of Action…
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Iran to pay $1.9B in compensation to Turkey over gas dispute
EghtesadOnline: Iran will pay $1.9 billion in compensation to Turkey after the International Court of Arbitration ruled in Ankara’s favor in a dispute over pricing, Hamid-Reza Araqi, Iranian…
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Turkish Exports to Iran Jump 35.6%
EghtesadOnline: Turkish exports to Iran in 2016 rose 35.6% compared to the preceding year to mark the highest rise among Turkey’s export destinations, according to Turkish Exporters Assembly…
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Turkish trade delegation in Alborz province to weigh bilateral cooperation
EghtesadOnline: A 20-member trade delegation from Turkey's city of Antalya arrived in Alborz province in northwest of Tehran on Monday to review ways to establish bilateral cooperation with one…
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Pumping Iranian gas to Turkey underway, Iran ready to supply gas to Iraq
EghtesadOnline: Routine pumping Iranian gas to Turkey is underway, National Iranian Gas Company said on Tuesday adding that Iran is ready to supply gas to Iraq.
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Nematzadeh: Trade in Lira, Rials to strengthen Iranian, Turkish currencies
EghtesadOnline: Minster of Industries, Mines and Trade Mohammad-Reza Nematzadeh said on Wednesday that trade in Lira of Turkey and Iranian Rial will boost both sides' national currencies.
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Routine pumping of Iranian gas to Turkey underway: NIGC
EghtesadOnline: Routine pumping of Iranian gas to Turkey is underway, spokesman of the National Iranian Gas Company (NIGC) said on Monday.
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Vaezi confers with chairman of Turkish Foreign Economic Relations Council
EghtesadOnline: Iran's visiting Minister of Communications and Information Technology Mahmoud Vaezi conferred with the Chairman of Turkish Foreign Economic Relations Board Omer Cihad Vardan on…
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Turkey ready to trade with Iran with local currencies
EghtesadOnline: Turkish President expressed his country’s readiness to conduct trade with Iran with local currencies.
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Turkey attaching high importance to economic ties with Iran: official
EghtesadOnline: Turkish Minister of Economy Nihat Zeybekci said his country attached great importance to economic relations with Iran.