IRAN

New Trade Agreement between Iran and Turkey 

Turkey and Iran have concluded an agreement under which trade exchanges between the two countries will total $2.2bn in 1986, following a visit to Ankara by an Iranian delegation headed by the Minister of Heavy Industry, Mr. Behzad Nabavi. According to Mr. Nabavi the agreement provides for Turkey to purchase $600mn worth of Iranian oil and other Iranian goods worth $500mn, while Iran will buy food, chemical fertilizers and steel from...