Iranian vehicle manufacturers consider Iraqi market

18 Feb 2015

(MENAFN) Iraq and Iran are set to make joint investment in vehicle manufacturing industry through an Exclusive Exhibition in Baghdad in February, Iran Daily reported.

Iran’s vehicle manufacturing industry should account for 30 percent of Iran’s total exports considering the well-established vehicle market in neighboring countries including Iraq, an official said.

More than 260 Iranian companies are displaying their latest products in Iran’s Exclusive Exhibition in Baghdad in various fields including automobile manufacturing industries, the official added.

“Efforts are underway to give Iranian companies a leeway in international markets based on their requirements, types of commodities manufactured by them and their production levels,” the official added.

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