Addressing a joint press conference with First Vice-President Eshaq Jahangiri in Tehran, the Turkish premier voiced eagerness of Turkish private sector companies to invest in Iran and join Iran's stock market.
"This will link Iran's capital market to global markets and international stocks," he said.
He said the economies of Turkey and Iran will complement each other once administrative barriers are resolved, adding: "Certainly, the economic linkage of the two countries can be influential in the economic fate of the regional countries."
For his part, Jahangiri said Iran assumes a special status for Turkey in its foreign policy.
"Iran's foreign policy is based on expansion of ties with its neighbor and Turkey enjoys a special status in this regard," he added.
Turkish Prime Minister Ahmet Davutoglu arrived in Tehran on an official visit on Friday afternoon to discuss bilateral ties and the latest developments in the region. He is due to meet Iranian President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif.