Sanctions stop automobile production lines in Iran
Azerbaijan, Baku, Feb. 15/ Trend M. Moezzi
The production of some cars in Iran has stopped because parts can't be bought from abroad, the Iranian Students' News Agency quoted the head of a manufacturing group as saying.
The biggest problems of the automobile industry is to pay for purchases and access to basic materials, especially those from abroad, said Sasan Ghorbani, secretary of the Iranian Auto Parts Manufacturers Association's (IAPMA).
Auto parts manufacturers have to order what they need from international companies and it takes at least six or seven months to produce these parts for Iran. The absence of one item will create problems for the entire automobile production line. The problems with making payments will disrupt the production flow too.
The U.S. and its European allies have imposed a new round of tougher sanctions against Iran. The new measures make it almost impossible for Iranian companies to make payments abroad or to be paid for their services or goods.
The sanctions are part of the West's strategy to make Iran more transparent about its nuclear activities. The U.S. and its allies believe that Iran's nuclear program is military in nature while Iran insists on its peaceful program.