Iran’s IRICO to export wagon parts to South Korea

Managing director of Iran Khodro Rail Transport Industries Company (IRICO) said on Saturday that the company will export wagon parts to South Korea.

Iran and South Korea have inked agreement on the issue worth 14 million euros, Naser Soufi told IRNA.

Soufi said the IRICO products are produced according to the latest European standards.

Iran Khodro Rail Transport Industries Company (IRICO) has been established by Iran Khodro Investment Development Company in 2003 for manufacturing various parts of the industry.