Venezuela, Iran sign $35 mln tractor assembly deal

Newswire

CARACAS, Venezuela, Nov 29 (Reuters) - Venezuela and Iran have signed a $35 million joint venture to assemble farm tractors in the South American nation starting early next year, the Venezuelan partner said Monday. State industrial holding Corporacion Venezolana de Guayana (CVG) said its president, Rafael Sanchez, signed the deal creating the Venirantractor C.A. company in Tehran Sunday during a visit by Venezuelan President Hugo Chavez. Venezuelan and Iranian officials have said the ...

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