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Iran to export sedan cars to Russia

Business Materials 7 January 2014 13:22 (UTC +04:00)

Baku, Azerbaijan, Jan. 7

By Umid Niayesh - Trend:

Iranian car manufacturer Saipa Company's product, Tiba, has been granted permission to enter the Russia market, Iranian Jahanesanat newspaper reported on Jan.7.

Tiba also can be exported to Kazakhstan and Belarus with existing custom agreements among the countries.

Earlier in 2012, Tiba, was granted permission to enter the Ukraine market, after passing Euro 4 tests.

Saipa auto manufacturing company plans to export 20 percent of its products by 2016, IRNA quoted export manager of the company, Mohsen Dastkhosh Javan as saying in October, 2013.

Dastkhosh called Latin America, Africa, Middle East and Commonwealth of Independent States top export markets of Saipa.

"In addition to Syria, Iraq and Afghanistan, we exported our products to Azerbaijan, Turkmenistan and Uzbekistan. We entered the Ukrainian market in spite of its stringent European standards," he said.

Iran exported 4,824 sedans during the first nine months of the current solar year (starting on March 21) which indicates an 88.97 percent decrease compared to the same period of last year.

The value of the exported cars was around $33 million which is 87.24 percent less than in the same period of last year, according to the Iranian Custom Administration's latest monthly report released on Dec. 28.

Iran has exported 2542, 1147 and 612 sedan cars to Iraq, Azerbaijan and Egypt respectively during the period.

The country produced 502,273 cars including some 426,674 sedan cars in the first three quarters of the current Iranian calendar year.

Iran produced 989,110 cars in 2012, which made the country Asia's eighth largest car manufacturer.

Iran places 18th in car manufacturing world-wide.

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