Iran, Turkey pledge to promote economic ties to reach $30bn trade target

Young journalists club

News ID: 33104
Iran » Iran
Publish Date: 17:37 - 20 December 2018
TEHRAN, December 20 - Iran and Turkey have agreed to step up their economic cooperation with the aim of reaching a $30-billion target set for their annual trade, voicing concern over the re-imposition by the US of unilateral sanctions against the Islamic Republic, a move which could affect the entire region's economy.

Iran, Turkey pledge to promote economic ties to reach $30bn trade targetTEHRAN, Young Journalists Club (YJC) - The agreement was reached at the 5th Meeting of High Council for Iran-Turkey Strategic Cooperation in Ankara chaired by Iranian President Hassan Rouhani and his Turkish counterpart, Recep Tayyip Erdogan, according to a joint statement issued at the end of the event on Thursday.

Tehran and Ankara, the statement added, called for closer bilateral relations in all areas, especially economy, politics and fight against terrorism, saying enhanced ties between the two neighbors will contribute to the region's peace and stability.

They emphasized the need to promote the existing trade mechanisms between the two neighboring states in order to increase the volume of their annual to the $30 billion target they had previously set.

US anti-Iran bans harm regional economy

The two sides further criticized Washington's decision to scrap the 2015 multilateral deal on the Iranian nuclear program -- officially called the Joint Comprehensive Plan of Action (JCPOA) -- in defiance of UN Security Council resolution 2231, which has endorsed the international document.

They also expressed concerns over the unilateral sanctions that the US reinstated against Iran in the aftermath of its withdrawal from the JCPOA, saying the unfair restrictive measures could harm innocent people and leave a negative impact on regional economic relations.

Iran and Turkey also called for all-out efforts to protect the nuclear deal, which they hailed as the fruit of multilateral diplomacy on the world stage.

Following the event, Rouhani and Erdogan took part in a joint press conference.

Heading a high-ranking delegation, the Iranian chief executive arrived in Ankara on Thursday for two days of talks with senior Turkish officials on a wide range of issues, particularly bilateral economic relations as well as a Syria peace process that Iran and Turkey-- along with Russia -- have been mediating since January 2017.

Rouhani is accompanied by a number of Iranian ministers and other senior officials, including Foreign Minister Mohammad Javad Zarif, Iran’s Petroleum Minister Bijan Zangeneh and Economy Minister Farhad Dejpasand.

During the visit, Tehran and Ankara are scheduled to sign a number of agreements in different fields, including economy, politics and culture.

Source: Presstv

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