Iran and Turkey traded $4.08 billion worth of goods during the first three quarters of 2022 to register a 24.15% year-on-year rise, latest data released by the Turkish Statistical Institute show.
Iran has pumped more than 7 billion cubic meters of gas to neighboring Turkey in the first nine months of 2022, according to a report by Eurostat, the statistical office of the European Union.
During a visit to Turkey, Iranian Minister of Petroleum Javad Owji and senior Turkish economic and energy officials held negotiations on extension of a long-term agreement for pumping Iranian gas to Turkey.
Iran will resume power exchange with Turkey in the near future based on a back-to-back letters of credit system, Iran’s energy minister said.
Iran has reportedly stopped pumping gas to Turkey due to a maintenance project on the Iranian pipeline to Turkey.
A new report by Turkish Statistical Institute suggests that Iran’s exports to Turkey in the first seven months of 2022 has grown by 56% compared to the same period in 2021.
Caspian Airlines has launched direct flights between Tabriz, the capital of East Azarbaijan Province, and Istanbul, Turkey.
ATA Airlines has launched return flights between Urmia, the capital and largest city of Iran’s West Azarbaijan Province, and Istanbul, Turkey, according to the director general of West Azarbaijan’s airports.
The volume of trade between Iran and Turkey grew by 37% in the first six months of 2022 compared to the corresponding period from 2021, according to a recent report released by Turkish Statistical Institute.
Turkish President Recep Tayyip Erdogan says his country has plans to increase energy imports from Iran.