Iraq Negotiating $900mn Car Deal with Brazil
Negotiations are currently underway between Iraq and Brazil's Autolatina fora $900mn contract to supply Volkswagen cars and spare parts, according to Mr.Wolfgang Saur, President of Autolatina, the holding company for Ford andVolkswagen Brazilian operations. The deal, upon completion, would entailamendment of the recent trade protocol between the two countries, raising thevalue of the accord from $1.2bn to $1.5bn,...
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