Aswat al-Iraq reports that the Iraqi Industry Ministry has reached agreement with a Chinese producer to assemble 10,000 Chinese cars in Iraq.
The ministry is also currently in negotiations with a French producer to assemble trucks in Iraq. IBN believes the truck-maker to be Renault.
“This should be the first step toward establishing an automotive industry in Iraq to cover the country’s local demand on cars,” the Ministry said.
It noted that the negotiations with the French producer have reached their final stages.
(Source: Aswat al-Iraq)