Turkey and Iran Sign Series of Bilateral Cooperation Agreements

Turkey and Iran signed a total of 8 agreements in the fields of energy, economy, transit, cultural, sport, investment, technology and agriculture as part of improving bilateral trade engagement.

Iranian President Ebrahim Raisi and his visiting Turkish counterpart Recep Tayyip Erdogan were present in the signing ceremony held in Tehran.

In a joint press conference with Erdogan, Raisi showed dissatisfaction with the current level of trade and economic ties with Turkey, and called for efforts to reach $30 billion in trade volume between the two countries annually.  

Raisi also called Erdogan’s visit to Iran as a turning point in elevating the two countries’ relations on all fronts.

“We have discussed a range of issues and we agreed to further boost our relations in areas of economy and commerce,” Raisi said, referring to their talks prior to the press conference.

On his part, Erdogan said that trade volume between Ankara and Tehran decreased due to COVID-19 pandemic, but said his government is ready to raise the trade volume to $30 billion.

Erdogan arrived in Tehran on Monday evening to attend a tripartite summit with his Iranian and Russian counterparts later on Tuesday. The three presidents will attend the 7th summit of Astana peace summit to discuss the situation in Syria.

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