Iran Turkey

Turkey suspends Iran flights yet again

Turkey has once again put off the resumption of Iran flights to Oct. 2, according to the head of Civil Aviation Organization of Iran.


Turkey needs Iran’s gas despite Black Sea discovery: Zanganeh

Iran’s Oil Minister Bijan Namdar Zanganeh says Turkey would continue to need gas imports from countries like Iran despite the recent discovery of a gas field which Ankara has publicized as a major step toward energy independence.


Iran-Turkey trade back on track after border reopenings

Bilateral trade between Iran and Turkey in June 2020 has reached $181.17 million indicating a 210.91% rise in comparison with May as the two neighbors have reopened borders for trade.


Iran-Turkey trade down 77%

Iran’s trade with Turkey totaled $803.59 million during the first five months of 2020 (January-May) to register a decrease of 77.62% compared with the corresponding months of 2019, data released by Turkish Statistical Institute show.


Iran, Turkey fully activate Bazargan border for trade

After three months of closure of the key border crossing of Bazargan in the northwest of Iran over COVID-19 pandemic, Iran and Turkey reopened the gate for trade exchanges. 150 Iranian trucks and 36 Turkish trucks have passed through the border on the first day of the reopening.


Turkey to keep up trade with Iran despite coronavirus restrictions

Turkey has developed a formula to continue cross-border trade with Iran despite a travel ban due to the coronavirus, the country’s Hurriyet newspaper reports.


Joint chamber of commerce: Turkish firms eager to invest in Iran

Turkish companies are more willing to invest in Iran than other foreign firms, the chairman of Iran-Turkey Chamber of Commerce said as the two neighbours are seeking to consolidate their trade ties.


Iran-Turkey Joint Chamber of Commerce votes new board members in

Delegates of Iran-Turkey Joint Chamber of Commerce took part at chamber’s General Assembly to choose the new board members whose names will be published later.

Joint Chambers

Iran seeking monetary pacts with regional countries: FM Zarif

Iranian Foreign Minister Mohammad Javad Zarif says his country is in talks with several regional countries to do business in national currencies.

Financial Markets

Iran, Turkey to hold joint economic commission soon

Iranian and Turkish foreign minsters have agreed to join their efforts to hold their joint economic commission in a bid to further develop their trade ties.