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Source: http://old.irna.ir/News/Economic/Iran-Turkey-trade-up-by-45-89-pc-in-10-months/80447039
Turkey Pays for Iranian Oil and Gas with Gold
(IRNA-Iran) Iran-Turkey trade reached $20 billion in 10 months to November. The rapid growth of trade in 2012 was due to a 243.5% growth in Turkey's exports to Iran, with gold accounting for more than $7 billion of the total figure. Turkey's exports to Iran were worth over $2.927 billion in the first 10 months of 2011, which rose to $9.329 billion during the same months in 2012. Turkey exports gold to Iran in exchange for oil and gas.