Iran and Türkiye set sights on $30B in annual trade
Iran and Türkiye are aiming to boost their bilateral trade to $30 billion annually through stronger cooperation in transport, customs, and infrastructure.
Türkiye and Finland have signed a Defence Industry Cooperation Memorandum of Understanding (MoU) aimed at deepening collaboration between the two NATO allies through joint production, technology exchange, and the development of defence capabilities.
The agreement was signed by Turkish Presidency of Defense Industries head Haluk Gorgun and Finland's Director General for Resource Policy and National Armaments Director Olli Ruutu, marking a significant step in bilateral defense relations.
Görgün highlighted the strategic significance of the agreement, stating, “The memorandum of understanding we signed with Finland marks the beginning of a new era in joint production, technology sharing, and capability development.”
In a post on his X account, Görgün added that the agreement aims to “enhance and elevate defense industry cooperation between NATO allies Türkiye and Finland to its highest level.”
“Strong partnerships are the foundation of sustainable peace and a shared vision of security. This cooperation, which will bolster NATO’s deterrence, also represents a significant step toward the integration into Europe’s defense industry. We are combining the spirit of alliance with our industrial vision, further deepening our contribution to Euro-Atlantic security,” - he stated.
In 2023, Finland’s Defense Ministry announced the lifting of the military equipment export embargo to Türkiye, which had been in place since 2019, and granted licenses for arms sales. The ministry also issued the first commercial export license for military materials to Türkiye.
Finland had suspended its export licenses in October 2019 in response to Türkiye’s military operation in Syria. The permission for arms sales was among the conditions Türkiye set for approving Finland and Sweden’s NATO membership.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
As peace talks progress, voices from Yerevan, Tbilisi, and Baku reveal hopes, concerns, and expectations for a future shaped by trade, trust, and generational change in the South Caucasus.
A bridge collapse in the Vygonichsky district of Russia’s Bryansk region, near the Ukrainian border, caused a train derailment and a traffic accident early Sunday, killing at least seven people and leaving 30 injured, according to emergency services.
Ukraine’s Security Service (SBU) has confirmed it carried out a third targeted attack against the Crimean Bridge, also known as the Kerch Bridge, early Tuesday morning, marking a new escalation in the ongoing conflict with Russia.
A strong 6.3 magnitude earthquake shook Japan’s Hokkaido prefecture early Monday, causing no reported injuries or damage, and no tsunami warning was issued, officials confirmed.
Azerbaijan has been officially announced as the host country for World Environment Day in 2026 during a UNEP event held on South Korea’s Jeju Island.
Pakistan’s Prime Minister Shehbaz Sharif arrived in Saudi Arabia on Thursday for a two-day official visit aimed at deepening bilateral ties and discussing key regional issues with Crown Prince Mohammed bin Salman.
Amid renewed global scrutiny, Iran reflects on defining moments that shaped its revolutionary identity, invoking the past to reinforce its stance in current geopolitical disputes.
Azerbaijani President Ilham Aliyev and Iranian President Masoud Pezeshkian discussed bilateral cooperation and regional connectivity in a phone call on June 4, ahead of Eid al-Adha.
Kazakhstan and Kyrgyzstan have agreed to coordinate efforts in monitoring and controlling locust infestations along their shared border, as concerns mount over potential threats to regional agriculture.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment