Turkey inks deal with Iran for train rails

Turkey will buy oil from Iran in exchange of train rails under an 80-million-euro deal, according to Transport Minister Binali Yıldırım. The train rails are made in Karabük.
“Karabük has been one of the oldest industrial hubs of the Turkish Republic … Karabük has now become an important train rail producer and exporter. We recently made an 80-million-euro agreement with Iran to sell train rails. In line with the deal, Turkish refinery TÜPRAŞ will buy oil from Iran. In exchange for oil, Karabük will sell rails worth 80 million euros,” Binali Yıldırım explained.