TEHRAN, Iran, July 5. Demands of Russian companies to import auto parts from Iran have increased, said member of Iran Auto Parts Manufacturers Association (IAPMA) Alireza Eshghi, Trend reports citing IRNA.
He did not provide any figures, but welcomed the establishment of a Trilateral Consortium Partnership between Iranian, Russian, and Turkish auto and auto part makers.
The three countries are expected to interact in auto trade based on their currencies and local banking systems.
According to Eshghi, Iran is to start exporting additional auto parts for gearbox and engine to Russia.