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    • CommentTimeMar 18th 2019

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    ANKARA, April 16 (Xinhua) -- Leaders of Turkey and Iran have agreed to promote trade, investment and business ties while jointly addressing terror and sectarian conflicts in their region.

    "Unfortunately, relations between Turkey and Iran have backslided in recent years," Turkish President Recep Tayyip Erdogan said during a joint news conference with his visiting Iranian counterpart Hassan Rouhani, in Ankara on Saturday.

    He lamented that the trade volume, once made a peak to about 22 billion U.S. dollars, has come down to 10 billion U.S. dollars.

    The trade volume between the two countries posted a record figure of 21.9 billion U.S. dollars in 2012, but steadily declined to 9.8 billion U.S. dollars in 2015, a drop of 55 percent in three years.

    In January-February period this year, the latest available data from Turkish government's statistical agency, the trade volume dropped further to 1.3 billion U.S. dollars from 1.9 billion U.S. dollars in the same period last year.

    Iranian President Rouhani blamed western and international sanctions on his country for the decline