TEHRAN, Iran, July 26.The comprehensive plan for long-term cooperation between Iran and Turkiye is a realistic document devised based on the capacities of the two countries that would promote ties, said Iran's Ambassador in Turkiye Mohammad Farazmand, Trend reports citing ISNA.
The following plan will include trade, economy, banking, cultural, and security cooperation that was drafted and signed to support the relations.
Iran and Turkey's current trade volume is $11 billion and the annual trade could grow to $30 billion, he noted.
The envoy has underlined that Iran can increase its gas export to Turkiye up to 240,000 barrels of oil per day which would lead to an increase in trade and raise the trade to $20 billion in the next two or three years.
Referring to the trade via three border crossings between the two countries, Farazmand pointed out that Iran is the best route for cargo transit from Turkey to Central Asia, Afghanistan, and the East while Iranian trucks could export its products to Europe via Turkiye.
"The economy of the two countries completes each other. Iran can export energy and petrochemical products to Turkiye, and import goods in return," he said.
The Iranian diplomat also highlighted the good capacities of Turkish contractor companies in housing construction, railway, sewage, and building roads that could help Iran complete its projects.
The Iranian official stressed the necessity to review the list of 140 goods in the Iran and Turkey Preferential trade agreement to have equal export and import.