Iran, Turkey sign €220m industrial agreement

TABRIZ, Apr. 07 (MNA) – Iran’s Foolad Gostar Kosar Co. and Turkey’s Rana Steel Co. inked a 220-million-euro deal on Monday as a joint venture for establishment of steel mills in the two countries.

Both sides are to equally finance the projects. Launching the mills will create direct job opportunities for some 2,000 people in each country.

 

RVA/MG

MNA

END

Check Also

Iran Update, July 28, 2025

The E3 (the United Kingdom, France, and Germany) reiterated that it will trigger the Joint …