Friday, November 07, 2014

Bilateral Trade: Transit problems hindering Iran-Turkey trade

Source: IRNA

Tabriz, West Azarbaijan prov, Nov 6, IRNA – Obstacles on the way of transit of commodities by trucks between Iran and turkey at Bazargan border are hindering trade between the two countries, the head of Iran-Turkey joint trade council said on Thursday.

Due to lower prices of fuel in Iran in comparison to those of Turkey, Iran decided to charge the Turkish trucks for the balance of fuel prices, Reza Kami said in an exclusive interview with IRNA.

Kami said that Turkey had objected to the decision for a long time and resorted last month to increase the toll they charge for Iranian trucks at Bazargan border.

Kami said the illogical increase in the toll would lead to a decline in trade between the two neighboring countries.

Ankara's measure comes a week after Turkish Minister of Economy Nihat Zeybekci said in a seminar of exporters in eastern city of Van that his country was determined to boost trade with Iran to $35 billion.

Kami said according to the latest agreements between the Iranian and Turkish officials, upon arrival in Iran, the Turkish trucks have to get their diesel tanks sealed up so that they cannot fuel in Iran.