Iran Economy NewsIran-Turkey trade tops $4bln in first four months –...

Iran-Turkey trade tops $4bln in first four months – report

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Iran Focus: Tehran, Jun. 07 – The total trade between Iran and Turkey for the first four months of the current Persian calendar year amounted to $4 billion, an increase of 76.22% compared to the same period last year.

Iran Focus

Tehran, Jun. 07 – The total trade between Iran and Turkey for the first four months of the current Persian calendar year amounted to $4 billion, an increase of 76.22% compared to the same period last year.

The state-run news agency Fars reported on Tuesday that if the current trade patterns were to continue the trade value between the two sides would reach $30 billion within three years.

Iran and Turkey have collaborated on a number of areas recently including economy, security, trade, education, energy and culture.

Iranian Economy Minister Seyed Shamseddin Hosseini announced in April that Turkey had replaced Britain as Tehran’s fourth trade partner.

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