Ninety percent reduction in Iran's exports to Turkey

Ninety percent reduction in Iran's exports to Turkey
  • 2020-07-28
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Chairman of the Iran-Turkey Chamber of Commerce: Unfortunately, the outbreak of Corona reduced ninety percent of Iran's exports to Turkey, otherwise no other reason for this decline can not be stated.

According to the International Iranian Stone Exhibition, Mehrdad Saadat said about the latest trade situation between Iran and Turkey: "Fortunately, after the reopening of the borders, we are witnessing a sharp increase in trade between the two countries and traders are trying to compensate for the four-month corona trade." Therefore, we are currently witnessing the formation of long queues for trucks to enter Turkey.

He continued: "This annoying traffic caused us to have negotiations with the Turkish side and we proposed to increase the number of customs working hours in order to increase the speed of trade." These conditions have caused our trucks to be in line for a week to enter Turkey at the Bazargan border.

"Unfortunately, the outbreak of this disease has reduced Iran's exports to Turkey by 90% in the first quarter of this year compared to the same period last year, otherwise there can be no other reason for this decline," said the head of the Iran-Turkey Chamber of Commerce. He expressed. But at the moment there is no problem in this process.

Saying that the mission of the Iran-Turkey Joint Chamber is to attract investment in Iran, Saadat added: "It should be noted that the Turkish housing sector in the last 15 years has had a return of about thirty-five percent, which has no economic justification compared to Iran." Therefore, we do not recommend investing in the Turkish housing sector at all, because this amount of return can be achieved in two or three months in Tehran.

* ILNA