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Turkey plans to invest in Iranian textile industry

Related Keywords: Bijan Namdar Zangane, Iranian businessmen, Iranian textile industry, Turkish businessmen

Iran and Turkey's trade volume now is around $30 billion. To boost bilateral trade ties, Turkish investors and Iranian businessmen have agreed to join hands. They plan to start a joint textile unit in Iran's central city of Delijan in which the Turkish businessmen propose to invest 15 million euros in Iran's textile industry.

With the joint textile unit the trade volume figure is scheduled to reach $100 billion in nine years.

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