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Iran launches pickup assembly line in Iraq

Business Materials 18 February 2016 15:18 (UTC +04:00)
Assembly line of Iran’s Arisan pickup was inaugurated in Iraq’s Alexandria city during a ceremony attended by Mohammad Reza Nematzadeh, Iranian minister of Industry, Trade and Mines
Iran launches pickup assembly line in Iraq

Baku, Azerbaijan, Feb. 18

By Fatih Karimov- Trend:

Assembly line of Iran's Arisan pickup was inaugurated in Iraq's Alexandria city during a ceremony attended by Mohammad Reza Nematzadeh, Iranian minister of Industry, Trade and Mines.

The factory has the capacity to manufacture 30 Arisan pickups per day, Iran's ISNA news agency reported Feb. 18.

Considering the growing demands for the Arisan pickup in Iraqi market, it is planned that at least 5000 Arisan Pickups to be manufactured in Iraq next Iranian fiscal year ( to start March 20).

Iran will send Arisan pickup parts to Iraq in semi knocked-down form (SKD) to be assembled. The first SKD consignment was sent to Iraq last November.

Iranian giant carmaker Iran Khodro started manufacturing Arisan in March 2015 in the northern city of Tabriz.

Arisan, also called "PU1" is planed to replace Paykan pickup in Iran's market, which was produced by Iran Khodro and its production was halted on March 10, 2015.

Equipped with two airbags, hydraulic and telescopic steering, AC, folding seats, ABS, and a new audio system, the Arisan pickup meets international standards including Euro-4, according to the Iranian media outlets.

It should be noted that Nematzadeh arrived in Iraq, Feb. 17 for a two-day visit aimed at boosting trade ties between Tehran and Baghdad.

In his meetings with high-ranking Iraqi officials, including the Arab country's ministers of trade and industry, Nematzadeh will discuss ways to strengthen relations between the two neighbors.

Back in September 2015, Iran's Economy Minister Ali Tayebnia said Tehran and Baghdad plan to increase their trade exchanges to $20 billion in the near future.

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