(Source: Iran Daily)
A leading Iranian bus manufacturing company plans to export 300 buses to the neighboring country of Iraq, a company official announced on Monday.
"The Memorandum of Understanding (MoU) was signed for the export of 300 buses to Iraq," Managing-Director of Semnan's Oghab Afshan Industrial and Manufacturing Company, Abdullah Akbari-Raad, said in an interview with Fars News Agency.
He added that the company has exported $1million worth of buses to Iraq and Afghanistan during the last Iranian year (ended 20th March).
Oghab Afshan Industrial and Manufacturing Company is a leading company in the field of bus production which is located in the special industrial zone of Iran's northern city of Semnan.
Iran and Iraq have enjoyed growing ties ever since the overthrow of the former Iraqi dictator, Saddam Hussein.