Iran Eyes Turkish Investment in Oil, Gas Industry


TEHRAN (Tasnim) – Iran’s Parliament speaker voiced the country’s willingness to attract investment from Turkey in the oil and gas industry, saying economic activists from the neighboring state could also seize the opportunities available in Iran’s railroad and aviation sectors.

In a meeting with his Turkish counterpart on the sidelines of a counterterrorism conference in Islamabad on Monday, Ali Larijani expressed Iran’s readiness to work with Turkish business people, particularly investors active in the oil and gas industry.

Calling for efforts to increase the value of trade exchange between Tehran and Ankara, Larijani said the two Muslim neighbors could work on many projects in the road construction and railroad sectors, as well as the aviation, pharmaceutical and hospitality industries.

For his part, Speaker of the Grand National Assembly of Turkey Ismail Kahraman stressed the need for close coordination between Iran and Turkey on regional issues, saying mutual cooperation would keep preventing terrorist groups from reaching their objectives across the region.

Heading a parliamentary delegation, Larijani had joined his counterparts from Pakistan, Russia, China, Turkey and Afghanistan in Islamabad for a two-day meeting to discuss and address the challenges of terrorism and inter-regional connectivity.

The Iranian speaker gave two addresses to the conference and proposed plans for closer intelligence cooperation among regional countries in the fight against terrorism.