Turkey Seeking To Boost Iran Trade After Nuclear Deal
Turkey hopes to increase trade with Iran following the deal reached between Iran and world powers last weekend that eases some of the sanctions in exchange for a curb on the countrys nuclear program.
Turkey lost billions in trade revenue because of the sanctions and is eager to reignite economic ties.
I hope that Turkey will be able to export all its goods to Iran once again, after the easing of sanctions, said Economy Minister Zafer Caglayan on Monday according to a report in the Turkish newspaper Todays Zaman.
Caglayan said that because of the sanctions on Iran, Turkey lost $6 billion during the first nine months of this year compared to last year.
According to Turkeys Economy Ministry, Iran was the third highest export market last year and in the first nine months of this year exports to Iran were only $3.4 billion, said Caglayan.
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http://www.jpost.com/Middle-East/Turkey-seeking-to-boost-Iran-trade-after-nuclear-deal-333066