ISTANBUL—Turkey's Prime Minister Recep Tayyip Erdogan said Thursday that Ankara is seeking to triple trade volumes with Iran over the next five years, in comments likely to raise concern in Washington at a time when U.S.-led sanctions are deterring many investors from doing business with the Islamic Republic.
In a speech in Istanbul to business delegates interested in investing in Iran's mainly state-owned machinery, automotive and textile industries, Mr. Erdogan said the two countries were near signing a "preferential trade agreement" that could see trade volumes swell to $30 billion in the period.
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More News On Turkey Breaking International Sanctions On Iran
Turkey to increase trade with Iran despite sanctions -- Jerusalem Post/AP
Turkey's PM tells businessmen to boost Iran trade -- Reuters
Turkey to boost Iran trade -- Financial Times
Turkish Prime Minister Calls for Expanded Trade with Iran -- Voice of America
Turkish PM wants closer trade links with Iran -- AFP
Turkey seeks closer trade ties with Iran -- AP
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