Iran invites Boeing to Tehran for aircraft buy

"With all our contradictions, Turkey and Iran share a common goal - to extinguish the ethnic conflicts in the region".

At a press conference in Esenboga International Airport in Ankara, Turkish Prime Minister Ahmet Davutoglu said relations between Turkey and Iran are crucial for the region, especially since the Middle East is passing through a very hard time.

Majority-Sunni Turkey is close to Saudi Arabia, which has cut its diplomatic ties with Shi'ite Iran and is concerned about Tehran's growing clout in Lebanon, Syria and Yemen.

"Beside the many commonalities, the two countries may have differing views on some issues, but we can steer the region towards stability by managing the differences", Jahangiri pointed out.

Davutoğlu's visit comes days before U.N.-backed Syrian peace talks, which were suspended last month because of continuing fighting, are expected to resume in Geneva.

"We [Turkey and Iran] are considering that stopping the bloodshed will provide an important basis for political negotiations", Davutoglu said.

During his visit, Davutoglu is also scheduled to meet Iranian President Hassan Rouhani.

Moody's analyst Shirin Mohammadi said: "Many of Rouhani's economic reforms are outlined in the Sixth Five-Year Development Plan (2016-20), which he introduced in January to parliament alongside the budget bill for the end of the fiscal year in 2017".

Iran's First Vice President Eshaq Jahangiri, after his meeting with Davutoglu, outlined a two-year timeframe for upping the trade turnover from its current $10 billion.

"The main obstacle that prevented us from reaching our goal were the sanctions", he said.

The vice president also noted: "We aim to reach $30 billion of trade volume between the two countries".

Australia followed major world powers by lifting sanctions on Iran on Wednesday, after confirmation from the United Nations that Tehran had taken steps required to curb its disputed nuclear program.

As Iran exports mainly raw materials to Turkey, including crude oil and gas, sharp fall in oil prices in global markets has led to decrease in trade value. Imports to Iran had plunged during the past year, reducing trade by one-third, from $15 billion.

Trudeau say Americans should pay more attention to the world
Addressing climate change "is one of the great global projects of our time and I know Canada is ready to take it on" he said. On Wednesday, Premier Brad Wall said Saskatchewan will play a "constructive role" at the meeting.


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