The Trade Promotion Organization of Iran plans to allocate €200 million to promote exports to African countries.
Farzad Piltan, head of TPO's Arab-African Department, said the funding will be part of a $2 billion support package approved by the National Development Fund of Iran, the country's sovereign wealth fund, to promote Iranian exports.
The package is aimed at removing hurdles to expanding foreign trade with African nations, Piltan said in a note published on the TPO website.
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