Azerbaijan, Baku, June 25 /Trend/
Iranian automaker will export 40,000 cars to Iraq and plans to open offices in this country, ILNA quoted Managing Director of SAIPA Group Nematollah Postindouz as saying.
"Iraq is one of the best markets for our products and we will increase exports and open regional office in this country soon," he said.
SAIPA Group's current export capacity reached 34,000 cars and it plans to transfer a customer service office to Iraq.
SAIPA Group also has expressed readiness to cooperate with Iraq and develop transportation system.
Iraq is a good opportunity for Iran's SAIPA auto factory to invest, he noted.
Iran exported more than 220 tractors to Iraq worth more than $3 million and more than 2,161 cars including Peugeot Pars, Samand and Pride to Iraq through Khosravi border crossing since 2011.
Iran exported 625,000 tons of commodities worth $393 million to Iraq through Qasr-e Shirin border customs in current solar year (started on March 20, 2011).
Export contained more than 130 items including cement, cakes, biscuits, chocolate, fruits and vegetables, fish, sheep, air conditioners.