Thursday Aug 11, 201101:28 PM GMT
'Iran-Turkey relations rapidly improving'
Thu Aug 11, 2011 1:30PM
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Iran's Ambassador to Turkey Bahman Hosseinpour
Iran's ambassador to Turkey says bilateral ties between the two countries are rapidly progressing, highlighting a significant rise in Tehran-Ankara trade ties.

“The train of Iran-Turkey relations is moving fast ahead thanks to measures by the two sides and will not move back,” Bahman Hosseinpour said at an Iftar reception at Iran's embassy in Ankara on Wednesday, IRNA reported.

Hosseinpour said the volume of trade between Iran and Turkey grew by 80 percent in the first five months of 2011 in comparison with the same period last year to hit USD 6.3 billion.

The number is expected to hit USD 13 billion by the end of the current year, he added.

The Iranian envoy highlighted the two sides' determination to expand commercial relations between the neighbors to reach USD 30 billion in value.

Hosseinpour insisted that the ambitious plan necessitates cooperation among all institutions at work to find ways to exhaust all capacities for commercial cooperation between the two countries.

He noted that over the past three years the two sides have taken substantial measures, including expansion of cooperation between commerce chambers, opening new border crossings, establishment of new customs for the commercial units, creation of industrial regions at the border and using national currencies for bilateral trade to expand their economic ties.

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