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

How Realistic Are Plans To Bypass The Strait Of Hormuz With New Oil Pipelines? – Analysis

Key Takeaways: Trump and Treasury Secretary Bessent say Hormuz could be “worthless” in about two …