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Turkish-Iranian trade disappoints big time

Turkish-Iranian trade has declined to its lowest level in nine years despite political rapprochement, a preferential trade agreement and the use of local currencies in economic ties.

Mehmet Cetingulec
Mehmet Cetingulec
Mar 12, 2019
Iranian Foreign Minister Javad Zarif (L) and Turkish Foreign Minister Mevlut Cavusoglu (R) sign a cooperation agreement before a joint press conference with Turkey's President and Iran's President at the Turkish presidential complex in Ankara on December 20, 2018. - The Turkish President held talks with Rouhani with Syria likely to dominate the agenda after the surprise US decision to withdraw. The meeting in Ankara had been arranged before US President stunned allies and American officials the day before w
Iranian Foreign Minister Mohammad Javad Zarif (L) and Turkish Foreign Minister Mevlut Cavusoglu sign a cooperation agreement at the Turkish presidential complex in Ankara, Dec. 20, 2018. — ADEM ALTAN/AFP/Getty Images

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