Nov 20, 2012, 8:43 AM

Turkey seeking to finalize trade agreement with Iran

Turkey seeking to finalize trade agreement with Iran

TEHRAN, Nov. 20 (MNA) - Turkish Development Minister Cevdet Yilmaz has said that his country is seeking to finalize a preferential trade agreement with Iran as soon as possible.

In a meeting with a number of Iranian economic, political and cultural officials in Turkey, he said that Turkey wants free trade and investment with Iran.

According to IRNA, he put the bilateral trade during the first 9 months of 2012 at around $18 billion, adding that the two sides plan to reach the value to $30 billion annually.

On June 1, delegations from Iran and Turkey made progress in finalizing the details of a preferential trade agreement between the two countries.

Iran's delegation during the negotiations was led by Deputy Commerce Minister for Economic Affairs, Hamid Safdel.

The three-day discussions of the delegations covered a list of agricultural and industrial goods which the two countries want to import from each other.

Ankara will continue the talks in Tehran in the near future. Then, the final agreement and a list of goods will be reconsidered for Turkish and Iranian Ministers of Economy and Industry to sign it.

MNA

END

News ID 52875

Your Comment

You are replying to: .
  • captcha