It is widely believed that Turkey will benefit from the lifting of the embargo on Iran as part of the nuclear deal. Turkey’s exports to Iran were severely restricted because of the embargo. The two countries are now trying to resurrect their volume of trade. That six ministers accompanied President Recep Tayyip Erdogan on his April 7 Tehran visit signals Turkey’s hope to boost trade, as does Erdogan's signing a series of accords on education, health and the environment.
Riza Eser, chairman of the Turkey-Iran Business Council, said the $13.7 billion volume of trade in 2014 could climb to $30 billion in two years.