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Tehran-Ankara trade transactions to increase to $35b

by | May 25, 2021

Sanandaj /Tehran: A Turkish official here on Sunday called on both Tehran and Ankara to increase the volume of bilateral trade transactions to $35 by 2015.

The Commercial Counselor of Turkish Embassy in Tehran Alper Cakiroglu made the remark in a meeting attended by representatives of the provincial private sector.

Putting the current volume of the two countries trade transactions at $2.3 billion, he said the non-oil import has reached $6.4 billion.

He stressed that Turkey is interested in further expansion of its trade transactions with Iran.

The Islamic Republic of Iran enjoys huge oil and gas resources, he said, adding that the European Union attaches great importance to Iran’s energy, and hence a large number of European countries mull expanding trade ties with Iran.

In an another report The Islamic Republic of Iran has exported over 31.5 million tons of non-oil goods, worth $12.1 billion, in the first five months of the current Iranian calendar year (started March 21).

The figure is marking a 14-percent rise in weight and a six-percent decline in value compared to the corresponding period last year.

Meanwhile, Iran imported $16.3 billion worth of goods weighing 11.19 million tons in the period, showing a 26-percent decline in weight and a 30-percent fall in value.

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