Iran Turkey

Iran, Turkey begin talks on 25-year gas supply deal

Iran and Turkey have agreed to start negotiations on a new gas exports deal that will allow increased supply of natural gas from Iran to Turkey for a period of 25 years starting in 2026.

Energy

Iran, Turkey, Russia consider joint car project

Iran, Turkey and Russia could launch a joint car project in the near future based on a proposal submitted to the three governments by private industries, says an Iranian industry businessman who is familiar with the issue.

Mine and Industry

Iran private sector calls for further inclusion of Iran-Turkey trade agreement

Chairman of Tabriz Chamber of Commerce in northwestern Iran Younes Jaeleh said on Saturday that a preferential agreement between Iran and Turkey need to be expanded to include further areas.

Trade

Iran exports $6.1 billion worth of commodities to Turkey in one year

The head of Iran-Turkey Joint Chamber of Commerce said that Iran’s exports to Turkey hit $6.1 billion in the last Persian year (March 2021-March 2022) registering a 141% growth against the preceding year although much bigger numbers have been experienced in the years before.

Trade

“Iran, Turkey can act as transit bridge of East and Europe”

Chairman of Iranian local Chamber of Khorramshahr Hani Feisali said on Tuesday that Iran and Turkey can act as a linking bridge for transit between the East and Europe which requires further efforts of officials from both countries.

Trade

Iran-Turkey trade booming as COVID curbs ease

Iran and Turkey traded $432.58 million worth of goods in January 2022 to register a 52.51% rise compared with January 2021.

Trade

Iran pumps more gas into Turkey

Iran’s flow of gas to Turkey has increased after a major reduction reported last month as industry sources said full supplies will be restored in early spring when Iran is planned to carry out repairs on export pipelines on its side of the border.

Energy

Iran’s trade with Turkey rises 75% in 11 months

Iran and Turkey registered $4.29 billion in trade from the beginning of 2021 to the end of November to register a 75.95% growth compared with last year’s corresponding period.

Trade

Iranian official urges Turkey to invest in Iran

Referring to capabilities of Turkey in marketing and investment, Reza Seyyedaghazadeh, the director of Asia-Oceanic Bureau of Trade Promotion Organization of Iran (TPO), said that Turkey’s investment in Iran is one of the ways to boost economic cooperation between the two countries.

Macro Economy

Iran, Turkey set to reopen land border to travelers as of next week

Iran and Turkey are expected to reopen their joint land border to travelers as of next week after a long interval, according to a senior transportation official.

Transportation