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Foreign Affairs

Iran, Turkey urge creating cooperative ties

Tehran, July 17, IRNA Head of Iran Central Chamber of Cooperative (ICC) has proposed creation of a joint economic working group with Turkey.

Bahman Abdollahi in a meeting on Monday with Reza Hakan Tekin Turkish Ambassador to Tehran, emphasized expansion of trade ties between the two neighboring nations.

Abdollahian said that there are over 100,000 registered cooperatives in Iran encompassing 12 million members. He said that cooperatives in Iran provide services for 40 million people and added that the cooperatives, as one of the most active sectors in Iran, are involved in more than 120 agricultural, industrial, service and transportation projects.

The head of ICC also referred to the goal set by the Iranian and Turkish Presidents to achieve a 30-billion-dollar trade exchange between the two nations, saying the cooperatives could contribute to the purpose.

Abdollahi also referred to the history of Iran and Turkey ties, and expressed hope that the two countries could promote their ties in cooperative sectors as well.

Meanwhile, Reza Hakan Tekin, described the figures and statistics pertaining to Iran's cooperative sector as impressive and reassured the Iranian side that he would wok toward linking cooperative sectors in the two countries.

Although there is a long way ahead for the two countries to reach the 30-billion-dollar goal, he noted, reaching over 4.5 billion dollar of trade exchanges in the first five-month of the current year, indicates high potential of trade engagement between Iran and Turkey.

Source: Islamic Republic News Agency

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