Iran, Turkey support non-dollar bilateral trade: TOBB president

Rifat Hisarciklioglu, president of the Union of Chambers of Commerce and Commodity Exchanges of Turkey (TOBB), who met with Gholam Hossein Shafei, president of Iran Chamber of Commerce on Saturday, says both Iran and Turkey are willing to trade using their national currencies.

Rifat Hisarciklioglu: During a recent meeting with Iranian President Hassan Rouhani, Turkish President Recep Tayyip Erdogan announced Ankara is against the US sanctions on Tehran.

As two important Neighbors that cooperate on world issues, we are trying to increase our bilateral trade.

I also talked about various trade-related issues with my dear brother Gholam Hossein Shafei, president of Iran Chamber of Commerce Iranian and Turkish presidents both want to upgrade the mutual trade volume to up to $30bn.

Financial mechanisms should be created by our governments, We can’t do much about it. Avery good mechanism should be put in place so that.

Iran, Turkey and Russia can trade using their own national currencies, Many nations in the world now are asking for establishing such mechanisms.

Our strategy is to back such non-dollar trade mechanism.

Sources: Iran Chamber of Commerce

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