News - English
News numbre:  8711081982
2009-01-27 - 19:04

Iran, Turkey Review Trade Ties in Tehran Conference

TEHRAN (FNA)- Iran and Turkey stressed bolstering ties at a conference here in Tehran today.

Turkish state Minister for Foreign Trade Kursad Tuzmen and Iran's Minister of Commerce Masoud Mir Kazemi along with a large number of Iranian and Turkish businessmen took part in a conference here in Tehran Tuesday to sign joint investment deals.

At the meeting, the Iranian minister said that Tehran is set to expand trade cooperation with its partners, including the neighboring and Islamic countries particularly Turkey, the Iranian students news agency reported.

Referring to the recent 30 percent economic cooperation growth, Mir Kazemi emphasized that signing customs and transport agreements as well as Double Taxation Avoidance Agreement (DTAA) have paved the way for close cooperation between the two neighbors.

Mir Kazemi also called for implementation of Economic Cooperation Organization Trade Agreement (ECOTA) and said, "We will witness a jump in expanding bilateral commercial ties if the agreement is put into action."

Tuzmen, for his part, said bilateral commercial exchanges need to reach 20 billion dollars through employment of potentials.

Tuzmen who is visiting Iran with a delegation comprised of 160 people highlighted banking and customs cooperation and growing joint ventures, and said petrochemical cooperation and investments in infrastructural projects need to be on top of the agenda of both countries.