MAY 12, 2025 JLM 71°F 11:43 AM 04:43 AM EST
Rivalry in Syria, commercial partnerships outside of Syria

Although Turkey and Iran have been on opposite sides of the fence in Syria, this does not prevent them from striving to expand their trade relations. 

Last week, the joint economic committee of the two countries met, at the end of which Turkish Trade Minister Ömer Bulat stated that his country aims to renew energy cooperation with Iran. According to Bulat, the two countries intend to open more border crossings between them to increase trade.

According to Bulat, the two countries' goal is a trade value of $30 billion per year, compared to about $10 billion per year today.

Despite traditionally tense relations between Turkey and Iran, in the field of trade, it is a close partnership, with Turkey helping Iran to circumvent the sanctions imposed on it.

NEWSRAEL: How this will go together with the obvious intentions of the incoming Trump administration to sanction Iran (and those trading with Iran) - will be interesting.

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