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Iran Turkey

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

Turkey, top destination for Iranian goods in month to late September

Turkey was Iran’s biggest export destination in the current Iranian year’s sixth month (Aug. 23-Sept. 22) with 5.84 million tons worth $1.2 billion of shipment.

Trade

Iran’s trade with Turkey tops $2.8 billion in eight months

Iran and Turkey registered $2.83 billion in bilateral trade during the first eight months of 2021, 74.09% higher than the same period of last year, latest data by Turkish Statistical Institute say.

Trade

Iran, Turkey to revise 2015 preferential trade agreement

Iran and Turkey are negotiating to revise a major trade deal signed six years ago as the neighbors seek to offset trade losses suffered in recent years because of the US sanctions on Iran and the spread of coronavirus pandemic.

Trade

Iran-Turkey annual trade down 32%

The value of trade between Iran and Turkey has amounted to $6.856 billion over the past calendar year, down by nearly 32 percent compared to the year to March 2020.

Trade

Iran, Turkey start negotiations to renew gas deal

Iran has started negotiations with Turkey to extend the existing gas deal for another period, deputy petroleum minister for international and commercial affairs announced on Monday.

Energy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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