Iran seeks joint auto production with foreign companies
Tehran, Iran, Oct.17
Iran seeks to move towards joint auto production with foreign companies, said a member of Iran's Parliament Industries and Mines Committee Mohmmad Reza Mansouri told Trend.
"The countries that can stand against US sanctions and evade them can certainly have cooperation with auto makers in Iran," the MP said.
"Russia and other CIS countries as well as China and Turkey can be suitable options for collaboration with Iranian automakers, but the matter rests in the issue of preparation of Iranian private companies," Mansouri added. "Currently, many auto parts are produced domestically, so providing parts is not difficult."
Iranian Minister of Industry, Mine and Trade has announced recently that domestic automakers can develop cooperation with foreign companies.
"We have recommended automakers to follow joint auto production with new partners and companies, since some of the previous partners was not proper during sanction," said Reza Rahmani on Oct. 14.
"Import of foreign autos is not related to joint auto production with other countries. Auto imports are still banned, but joint production has always been on our agenda," the minister added.
According to Deputy Minister Mansour Moazami, Iran will hit the market with four joint produced vehicles in next Iranian year (begins March 21,2020). In his words, six contracts with foreign companies were signed including a contract between French Citroen and Iran's SAIPA.