Iran, Turkey considering joint bank: Ambassador

The joint bank will be used to handle the Iranian export of gas to Turkey as well as import of other commodities to the country.

Iran-Turkey Joint Chamber of Commerce urges joint bank to ease banking ties

Such joint bank by the two countries’ private sectors will be aimed at removing the barriers for Iranian and Turkish businessmen and women who have faced banking problems after the US sanctions.

Iran, Turkey seek financial channel to skirt US sanctions

The payment mechanism is supposed to work like the European instrument, that although hasn’t been officially launched yet, is set to help Iran benefit from the dividends of the nuclear deal.

Iran to open trade offices in Iraq, Turkey, Lebanon, Syria

The plan is part of Iran’s wider approach to promote ties with regional countries. Western neighbours are now the country’s economic priority following the US sanctions.

How eTIR has facilitated Iran, Turkey trade

The Convention on International Transport of Goods Under Cover of TIR Carnets (TIR Convention) is a multilateral treaty signed in Geneva on 14 November 1975 to simplify and harmonise the administrative formalities of international road transport. 75 countries and the European Union are members of this convention. It’s digital version, also known as eTIR, is here to revolutionise this harmonised mechanism.

Iran, Turkey agree to speed up lorries entrance at Bazargan border

Officials from Bazargan-Gurbulak border customs have reached an agreement to clear hundreds of cargo trucks on a daily basis to upgrade their economic ties to up to 30 billion dollars as Iran looks more towards its neighbors in the face of unilateral US sanctions.

Iran non-oil exports to regional countries show double-digit rise in 10 months

The increases are a clear sign that Iran is looking more to strengthen its economic relations with its neighbours, especially with those it shares borders, in the wake of intensified unilateral US sanctions.

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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.