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Iran and Turkey Agree to Form Joint Customs Working Group and Ease Truck Crossings

Sahmino Newsroom | 3 November 2026 | 12 days ago

Iran's economy minister and Turkey's trade minister agreed to set up a joint working group and hold regular meetings of border customs managers at talks in Istanbul reported early on Tuesday, November 3, 2026. Mehr reported that Seyed Ali Madanizadeh and Omer Bolat discussed obstacles to truck movements and freight transit, with particular attention to the Bazargan crossing.

Mehr news photo of the Iranian and Turkish ministers meeting on customs cooperation

Iran's economy minister and Turkey's trade minister meet in Istanbul, November 2, 2026

Source: Mehr News

The ministers also stressed the need for round-the-clock border customs operations and a timetable for freight transit. A separate free-zone working group remains under consideration; the report does not say it has begun work. Agreement on a mechanism is distinct from an actual reduction in truck waiting times. The crossing matters to overland trade between Iran and Turkey.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude fell 7.5 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 1.0 percent, to 3,884 dollars.

Brent Crude
−7.5%
Gold ounce
−1.0%

Prices to the close of 13 November

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