Turkmenistan, Iran trade to hit USD60b by 2026

(MENAFN) An Iranian official said that the two nations are committed to grow relations in all sectors as its presidents stressed in Iran's Exhibition, therefore the trade between them is set to hit USD60 billion over the next decade.

The oil, gas, construction, energy, water and engineering products and services exhibition resulted in Turkmen traders, economic activists and investors becoming acquainted with the capabilities of Iranian companies.

The expo, called 'Iran Project', focused on increasing Iran's non-oil exports and paving the way for developing trade, mainly exchanging Turkmenistan's gas with Iranian goods and services.

"Iran and Turkmenistan are determined to expand cooperation and plan to enforce all memoranda signed by the two countries in the coming years," said Iranian Oil Minister's Representative and Advisor.