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Davutoglu arrives in Iran

“It is extremely important for Turkey and Iran to develop some common perspectives in order to end our region’s fight among brothers, to stop the ethnic and sectarian conflicts”, the Turkish PM said.

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Iran and Russian Federation supports Syrian President Bashar al-Assad, while Turkey is among his most outspoken critics and backs the Sunni opposition.

Davutoglu also said that the removal of the nuclear-related sanctions against Iran means the two neighbors can easily exceed the trade target. “By upgrading our ties we can also sit for talks and resolve our political differences in the region”, he said. However, separate U.S. sanctions on Iran remain in place, making doing business in the Islamic Republic very complicated for American companies.

Iran’s First Vice President Eshaq Jahangiri, after his meeting with Davutoglu, outlined a two-year timeframe for upping the trade turnover from its current $10 billion. “If Turkey’s experience and Iran’s beauty are joined, the two countries will become the largest power in the tourism sector”, he said.

Trade between the two nations was $9.

“Turkish trade with Iran reached around $22 billion in 2012 before dropping off sharply to less than half that by previous year as global sanctions on Tehran were tightened”.

7 billion in 2015, according to the Turkish Statistical Institute.

Turkey will serve as a key transit for Iranian energy supplies to Europe, Davutoglu added. In turn, Romanian foreign minister underscored his country’s policy to strengthen cooperation with Iran in diplomacy, economy, culture, science and technology. “Any engagement Boeing has with the Iranians will be limited to what is authorized by the license”, he said in a statement.

Iranian President Hassan Rouhani has said that Romania will have a chance to enjoy benefits after completing the North-South transport corridor.

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Energy Minister Hamid Chitchian said on Thursday Iran is implementing a development plan aiming for yearly growth of 8 percent although many private economists consider that over-optimistic.

Syria divisions aside Turkish PM eyes closer ties with Iran