TEHRAN -– Iran Tractor Manufacturing Company (ITMC) is going to venture into other countries and expand its export business, executive director of the company Mohsen Khadem Arab-Baghi stated on Saturday.

“Tajikistan is going to receive tractor production and assembly line very soon and agreements with four African countries have already been signed,” he said. Moreover, the company exports 100 tractors to Sudan per month and its total exports for last year exceeded $50m, he added. The ITMC owns 51% of a tractor manufacturing company in Venezuela and intends to boost the current production from eight units per day to 25 in this South American country. PIN/MNA
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