14 May 2014
Turkish Minister of Economy Nihat Zeybekci said currently, 3,350 Iranian companies are operating in Turkey.

Zeybekci made the statement in response to a question by Altan Tan, the representative of Turkey's Kurdish province of Diyarbakır and Peace and Democracy Party in the Grand National Assembly of Turkey, about trade between Iran and Turkey, IRNA reported.

He added that the companies have invested about $101 million in Turkey.

Zeybekci noted that in 2013, a major portion of Turkey's imports from Iran pertained to oil and its byproducts, gas, plastic products and copper.

In April, Umit Yardim, Turkish ambassador to Iran, in an exclusive interview with Iran Daily said Iran and Turkey have always had good relations in both economic and political fields.

Yardim said, "We believe that the two countries' potentials for economic cooperation are more than their real trade volume."

Last year, bilateral trade stood at $16 billion, "which was certainly not sufficient", he added.

The ambassador hoped that in the near future, transactions between Iran and Turkey will reach $35 billion per year.

© Iran Daily 2014