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Iranian government, parliament trying to resolve issues with foreign contracts

Tehran, Jan 11, IRNA -- Economy and Finance Minister said in Tehran on Tuesday that the government and Majlis are trying to resolve the issues related to foreign contracts.

Meeting the Visiting Turkish Customs Director Cahit Soysal, Safdar Hosseini said that the problems with 'Irancell' and 'TAV' agreements are also under discussions with the Majlis.

Hosseini also called of expansion of trade ties between Tehran and Ankara saying that the resolution of the snags in ratification of the agreements needs time and patience.

He said that combating illegal drugs and goods smuggling are potential areas of cooperation between the two countries' customs administration.

Hosseini further stressed the need to remove tariff and non-tariff barriers with the aim of increasing the bilateral trade exchange.

Iran in implementing its fourth five-year development plan (March 2005-2010) needs to bolster its trade ties with other countries, the economy and finance minister underlined.

Turkish customs director said that Turkey is active in committing capital investments in Iran and has been the third largest investor in Iran in the past three years.

Turkish firms are awaiting the decisions the Irancell and TAV which can be a determining factor in their investment policies in the Iranian market.

The parliament passed a bill on September 26, requiring the government to secure parliament's approval for operation of an Iranian airport by a Turkish-led consortium and providing Iran with more mobile phones by Turk Cell company.

Based on two contracts Iran signed with Turkey, the Tepe-Akfen-Vie (TAV) and Turkcell undertook management of the Imam Khomeini International Airport and establishment of a mobile phone network in Iran (Irancell) respectively.

Meanwhile, The value of Iran-Turkey commercial exchanges passed dlrs 2.5 billion during the past 11 months of 2004.

The figure registered an increase of 17 percent compared to the corresponding period last year, Turkey State Institute of Statistics announced.

The value of commercial exchanges between the two countries stood at dlrs 2.151 billion in the same period last year (2003).

Turkey exported dlrs 697.2 million worth of commodities to Iran in the aforesaid period which registered a hike of 54.8 percent compared to the same period last year.

Iran's import to Turkey stood at dlrs 1.819 million during the said period which shows an increase of 0.7 percent against the same period in 2003.

Turkey exported dlrs 109.4 million worth of goods to Iran, while the country imported dlrs 148.8 million worth of goods in November 2004.

Some dlrs 450.3 million worth of commodities were exported from Turkey to Iran during the stated period, while the value of imported goods from Iran stood at 1.701 million dollars.

The value of Iran-Turkey commercial exchange pointed to a rise of 90 percent in 2003 (compared to 2002) through reaching dlrs 2.381 million.

The volume of Turkish foreign commercial exchanges stood at dlrs 143.51 billion in the same period, pointing a boost of 3,708 percent compared to 2003.

... Payvand News - 1/12/05 ... --

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