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Iran, Turkey support non-dollar bilateral trade: TOBB president

Rifat Hisarciklioglu, president of the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB), who met with Gholam Hossein Shafei, president of Iran Chamber of Commerce on Saturday, says both Iran and Turkey are willing to trade using their national currencies.

President of Turkey’s Union of Chambers of Commerce and Commodity Exchanges visits ICCIMA

Rifat Hisarciklioglu, who presides over all the local chambers of commerce across Turkey as well as its Commodity Exchanges, held talks with Gholam Hossein Shafei, President of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) in Tehran on Saturday. The two sides discussed opening of Razi-Kapikoy border, transit and transport cooperation, Preferential Trade Agreement (PTA) and other issues.

Turkey to open Razi-Kapikoy border in ‘two months’

Razi-Kapikoy crossing is the only border with both rail and road facilities between the two countries and its opening will play a very important role in increasing Iran-Turkey bilateral trade.

Turkey buys over $400m worth of Iranian minerals to become top importer

Stones, clay, bricks, tiles and carbon are the most favoured raw materials that Ankara bought from Iran during the April-November period.

Iran accelerates work at Turkey border crossing to boost trade

Tehran-Ankara have vowed to push their mutual trade level in a bid to boost their regional cooperation.

Iran private sector urges Tehran-Ankara barter trade

Iran Chamber of Commerce President has urged Tehran and Ankara to set up barter trade to further expand bilateral economic relations.

Iran eyes expanding ties with Turkey

With a long border of nearly 600 kilometres, Iran and Turkey have been boosting political and economic cooperation in recent years. The two have been coordinating the efforts through four rounds of bilateral talks which started in 2014.

Turkey not to cut off trade ties with Iran: Cavusoglu

Turkey will not cut off trade ties with Iran at the behest of other countries, Turkish Foreign Minister Mevlut Cavusoglu said.

Iran, Turkey open first LC in national currencies

Iran and Turkey have opened their first letter of credit for business transactions in their national currencies as the two countries move to ditch the US dollar and the euro in bilateral trade.

Iran, Turkey, Qatar to boost trade

Iran, Turkey and Qatar have signed a trilateral agreement aimed at boosting trade with Doha amid a Saudi-led blockade on the Persian Gulf sheikhdom.