Iran, Turkey discuss ways to bypass US sanctions

Iran and Turkey have discussed ways, including preferential trade and bartering, to develop mutual trade amid U.S. sanctions against Iran, Tehran Times daily reported on Sunday.

In a meeting held in Tehran, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Head, Gholam-Hossein Shafeie, and the Union of Chambers and Commodity Exchanges of Turkey (known as TOBB) President, Rifat Hisarciklioglu, also discussed issues of mutual concern.

The ICCIMA head mentioned bartering as a way of expanding trade ties between the two sides, saying "the two countries' chambers could have a significant influence on increasing bartering of goods and services."

Hisarciklioglu, for his part, welcomed Shafeie's proposals and noted that establishing a desirable bartering system is one of the main solutions for Iran and Turkey to pass through the U.S. sanctions.

The TOBB president is visiting Tehran with a trade delegation.