Reciprocal Dependencies: Turkey‐Iran Trade Relations Since the Turn of the 21st Century

Abstract

AbstractInternational trade can be considered a means of sharing the world's wealth and a web that holds countries together. Despite the fact that this web is not strong enough to defy every problem between states, trade has become an important tool for Turkey's rapprochement with its neighbors. In this regard, Turkish‐Iranian trade relations are based on mutual benefits and reciprocal dependency. Despite the two countries’ different political and economic structures and numerous points of controversy, Turkey and Iran have enhanced their economic relations. As a result of increasing and mutually beneficial bilateral trade, both countries have succeeded in confining their differences to minor points of friction.