Snubbing the US, Turkey, Iran, Set $30b Trade Target for 2015

[BronzePlaque]

According to the Iranian news agency Mehr, Iranian First Vice President Mohammad Reza Rahimi and Turkish Prime Minister Recep Tayyip Erdogan said on Wednesday that the two countries had agreed to increase the volume of bilateral trade to 30 billion dollars within the next three years.

The value of trade between Iran and Turkey surpassed 16 billion dollars in 2011.

earlier in March, Swift, the Belgian-based financial clearing house, bowing to US and European Union pressure, announced that it was cutting financial services to Iranian banks. The move was expected to severely curtail Iran’s ability to sell its oil abroad, but it appears that a variety of rogue states in Asia and South America are eager to deal with the Iranians, despite, or perhaps because of, its nuclear ambitions.

At a joint press conference with Erdogan, Rahimi said that since Erdogan’s visit to Tehran some two years ago, commercial ties between the two countries have increased by 50 percent.

“Today we became determined to boost this rise to 100 percent and achieve the 30 billion dollar target as soon as possible,” Rahimi stated.

The Turkish prime minister also said the value of bilateral trade surpassed 16 billion dollars by the end of 2011 and “our purpose is to increase this figure to 30 billion dollars by 2015.”

http://www.jewishpress.com/news/breaking-news/snubbing-the-us-turkey-iran-set-30b-trade-target-for-2015/2012/03/29/

 

[BronzePlaque]

If you want to deal with Iran, you instantly become a rogue state..LOL
in our case Turkey is happy to be a "rogue" state

 

[yyetttt]

Israel itself is a rogue state and is calling everyone else a rogue state.. wow...

 

[AZADPAKISTAN2009]

Is ra evil

 

[somebozo]

what an era we live in today...

iran needs to smuggle its own oil
two neighbors cannot trade because some troll in europe is blocking the transactions..

it is a serious opportunity for Pakistan, Turkey and Iran to formulate their own sanction proof banking system...If we can accomplish the feat of BCCI, we can do it once again.

 

[BronzePlaque]

According to official data, the number of Iranian firms established in Turkey registered a record increase last year. Some 590 Iranian firms were established while the number of Iranian joint ventures hit a total of 2,140. Iran was also the No. 1 country in terms of the increase in the number of firms in Turkey, hitting 41 percent in 2011.
“Many of the Iranian investors in Turkey have been inspired by our operations in Razi,” Balta added.

BUSINESS - Iranian firms get closer to Turkey, says businessman

it seems there are some other ways to "avoid" sanctions

 

[graphican]

Great news.. I welcome that and would want Iran, Turkey and Pakistan to be as closely connected as possible.

Evey new development of cooperation between Iran, Pakistan and Turkey reminds me of foretelling of Niamat Ullah Shah Wali who had 800 years ago mentioned that Iranians, Turks and Afghans and Pakistanis will be on one side.. and every new development is getting us closer to that point.

 

[Tshering22]

what an era we live in today...

iran needs to smuggle its own oil
two neighbors cannot trade because some troll in europe is blocking the transactions..

it is a serious opportunity for Pakistan, Turkey and Iran to formulate their own sanction proof banking system...If we can accomplish the feat of BCCI, we can do it once again.

Turkey has no issues getting across from the sanctions as they don't need to use Euros and can trade with Turkish Lira. Since Turkey also is a strong manufacturer of soft goods (consumables, daily use technology), it can be a Lira-based trading partner for Iran.

However in your case, if Pakistani rupees has to be the trading currency, then there has to be a substantial market to trade in for the Iranians. Raw material export is good but it has to be massive. This would be a lot of trouble for your currency reserves.

Trading in Tuman is out of question.

If you want to deal with Iran, you instantly become a rogue state..LOL
in our case Turkey is happy to be a "rogue" state

Don't take is so negatively, man. We deal with Iranians too. But we're not called a rogue state. The point of me telling this is that Turkey is certainly not a rogue state and neither is technically, Iran.

Israel itself is a rogue state and is calling everyone else a rogue state.. wow...

Cursing and picturing Israel everywhere doesn't change your position in any manner.

 

[RazPaK]

Turkey is making the right move for itself.


Turkey doesn't want conflicts in their neighborhood, as it would hurt their economy.

 

[BordoEnes]

Dont fool yourselfs, There is a reason why Turkey cut of 20% of its oil from Iran. The relations with Iran are typical deseption and illusional, We have an commen goal (Biggest power in the Region) and only one can succeed. Its just bussenis.

 

[ovarel]

Dont fool yourselfs, There is a reason why Turkey cut of 20% of its oil from Iran. The relations with Iran are typical deseption and illusional, We have an commen goal (Biggest power in the Region) and only one can succeed. Its just bussenis.

But the competition between Turkey and Iran has to be dealt with the warmest relation that is possible.

 

[Saithan]

But the competition between Turkey and Iran has to be dealt with the warmest relation that is possible.

I think this pressure on countries to decrease their dependance on Iran is a good idea, not because of any ill will towards Iran, but from a perspective that says "having to import 75% of your energy is bad". Turkey is importing so much fossil fuel to run everything that there should be a ban on any government/political parties for NOT investing heavily on renewable energy sources.

 

[Awesome]

I think the US sanctions will ultimately begin to subside, nobody really takes them seriously. Europe had to in the hopes that US would bail them out, it didn't and soon they will find some pretext to start dealing with Iran eventually.

That's All of Iran's neighbors and a few regional countries going about as business as usual with Iran now?

 

[what]

Asim Aquil, not really many countries in the region take them, the UN-sanctions, seriously but you should also notice that cross border trade is not forbidden per se. The US sanctions thats a different story, because of the economic heavy-weight of the USA they can pretty much put fire under almost every country in the earth, like they're doing now with the "less oil from Iran" sanction, because otherwise US countries will not be allowed to deal with your companies and vice versa.

See I like the "less oil from Iran" part because its good for Turkey, we should never be to dependent from a single country.
Why is the government not spending more money on renewables? AKP get your **** together, do something.

 

[ovarel]

I think this pressure on countries to decrease their dependance on Iran is a good idea, not because of any ill will towards Iran, but from a perspective that says "having to import 75% of your energy is bad". Turkey is importing so much fossil fuel to run everything that there should be a ban on any government/political parties for NOT investing heavily on renewable energy sources.

Agreed. This is what i posted in another thread:

"Its not the first time that the Americans demand us to reduce buying oil from you.We have been refusing and telling them that if they could offer us cheaper oil,we would love to accept that because we also want to diversify our oil trade since it creates dependence.

Correct decision for us,whether its against Iran or KSA or others. "

But that doesnt change the fact that "the competition between Turkey and Iran has to be dealt with the warmest relation that is possible."