Iran’s Custom Office to Facilitate Border Trade

Iran’s Custom Office to Facilitate Border Trade

TEHRAN (FNA)- Head of Iran’s Customs Office Abbas Memarnejad promised to ease the trend of declaration and release of goods in custom offices, particularly at Iran-Turkey border.

He made the remarks in a meeting with Board of Directors of Association of Iranian Businessmen and Investors in Istanbul.

Memarnejad underlined that facilitating private sector activities is among the objectives of the government.

During the meeting, the Iranian businessmen and economic activists talked about their problems and called for stability in regulations, decrease in trade obstacles and facilitating foreign exchange transfer as necessary moves to improve mutual ties.

In August in line with expansion of private sector’s presence in the country’s economy, Memarnejad announced that the country’s private sector can start exporting Iranian crude supplies.

“The private sector can run activity in crude oil export by setting up a consortium,” Memarnejad told FNA.

In relevant move, in last October, Iranian and Turkish officials in a meeting in Ankara explored avenues to further develop mutual cooperation between the two countries in the transit and transportation sector.

The latest statistical report released earlier this month showed that the trade exchanges between Iran and Turkey had reached $17.52bln since the beginning of the current Iranian year (started on March 20, 2012).

According to the figures released by the Turkish Statistical Institute, Iran became Turkey’s third biggest business partner with a trade exchange of $17.52bln since the beginning of the current Iranian year (started on March 20, 2012).

Turkey imported $8.94 billion in goods from Iran, and exported $8.58 billion in goods to the Islamic Republic during this period.

Trade between Turkey and Iran has risen sharply over the past decade.

Turkey was Iran’s fifth-largest oil customer in 2011, buying around 200,000 barrels per day, 30 percent of its total imports and more than 7 percent of Iran’s oil exports.

The two countries’ officials plan to mutual trade to $30bln by 2015.

via Fars News Agency :: Iran’s Custom Office to Facilitate Border Trade.