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Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

Prime Minister Shehbaz Sharif said the Islamabad MoU takes immediate effect, with Iran reopening the Strait of Hormuz and the US lifting its naval blockade ahead of Friday's official signing ceremony in Switzerland.Fidan told the prestigious MGIMO university — which counts Russian Foreign Minister Sergey Lavrov among its alumni — that the honor recognized the deep bond between Türkiye and Russia, calling diplomacy the only effective tool for resolving regional disputes amid shifting global power dynamics and warning against strategic miscalculation during the transition to a multipolar order.Türkiye's national team is focused on securing a crucial victory against Paraguay in its second Group D match as it seeks to recover from an opening defeat to Australia. Goalkeeper Uğurcan Çakır said "the first match was not a final" and the team still has six points to play for.President Recep Tayyip Erdogan said he welcomes the agreement reached between Washington and Tehran as an important development for regional stability, urging all parties to refrain from rhetoric and actions that could escalate tensions until the official signing ceremony scheduled for June 19 in Switzerland.Iran's Supreme Leader Mojtaba Khamenei declared on Monday that Israel's "shaky Zionist regime" has only a limited time remaining, his remarks coming amid a sharp escalation that saw Tehran launch missiles at northern Israel and Israeli warplanes strike multiple Iranian cities including the capital.

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Turkish, Iranian ministers hold joint economic commission meeting in Ankara

12:13, 28/01/2025, Tuesday

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Turkish, Iranian ministers hold joint economic commission meeting in Ankara

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Modernization of the border gate in southeastern city of Van, bordering Iran, will be achieved with some arrangements to be made on Iranian side, says Turkish trade minister

- Opening of transboundary trade center in southeastern Türkiye, easing travel of Turkish, Iranian fleets to facilitate trade, says Iranian transport minister

Turkish Trade Minister Omer Bolat and Iranian Roads and Urban Development Minister Farzaneh Sadegh on Monday held a Türkiye-Iran Joint Economic Commission meeting in Ankara.

Bolat said that Türkiye and Iran signed a memorandum of understanding on cooperation in trade, customs, agriculture, investments, finance, transportation, and tourism in Tehran last year.

“Türkiye's exports to Iran soared approximately $500 million, while Turkish investors have invested over $2 billion in Iran so far -- we see that trade is mutually accelerating as investments increase,” said Bolat.

The minister mentioned that joint committees between Türkiye and Iran meet regularly to discuss transportation.

Bolat said that the modernization of the Kapikoy Border Gate in the southeastern city of Van, bordering Iran, will be achieved with some arrangements to be made on the Iranian side, and the Sarisu transboundary trade center is waiting to be opened.

Sadegh stated that the target trade volume between Türkiye and Iran was discussed to be $30 billion, and the two countries agreed to facilitate the operations of the Turkish and Iranian fleets in the next three months.

She added that cooperation between the two countries on transportation will contribute to the stability and peace of the two countries and the region.

Titles :customs Iran Joint Economic Commission trade Türkiye

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