Different ways of reaching the targeted USD 30-billion bilateral trade between Iran and Turkey was investigated during the 27th meeting of Iran-Turkey Joint Economic Committee held in Ankara from September 16 to 18. And the two sides also reiterated that reaching this figure is possible despite the pressures of the U.S. sanctions.

During the meeting, the Iranian president’s chief of staff, as the Iranian chairman of the committee, mentioned expediting the process of implementing bilateral agreements on trade and economic issues as the most prioritized objective of the joint committee and said Iran has no limitation for expanding and deepening cooperation with Turkey, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported.

Despite all issues created by the U.S. illegal sanctions, the development path of Iran-Turkey ties will continue through more activity of the two sides’ private sectors, the Iranian official claimed.

Turkey’s Energy Minister Fatih Dönmez, also as the Turkish chairman of the joint committee, for his part said that the target of USD 30-billion trade is realistic and Turkish government will take all endeavors to preserve and expand economic ties with Iran and implement the agreements between the two sides.

“Turkish president and officials have several times announced it clearly that they do not accept the U.S. unilateral sanctions against Iran”, the official further stressed.

Removing the barriers existing in the way of banking and customs relations, laying the ground for new and effective cooperation and more investment making by the two sides were the other issues debated during the 27th meeting of Iran-Turkey Joint Economic Committee.

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