HomeLatestIran awaits inexperienced gentle to begin exporting automobiles to Russia official

Iran awaits inexperienced gentle to begin exporting automobiles to Russia official

Deliveries could start pending Moscow’s approval, an Iranian commerce consultant informed the media

Two main Iranian automakers, Khodro and SAIPA, are at present present process certification in Russia for future automobile deliveries, a spokesperson for the nation’s Trade Ministry, Omid Ghalibaf, informed RIA Novosti this week.

He revealed that SAIPA had signed an settlement with a Belarusian firm to produce 45,000 Shahin and Quick mannequin automobiles, including that “these two models will be delivered to the Russian market” as effectively.

However, Ghalibaf did not specify whether or not the automaker can be transport the automobiles on to Russia or by way of Belarus, explaining that the difficulty must be clarified resulting from Western sanctions. He additionally identified that there aren’t any direct agreements between Iranian automakers and Russia, however harassed that negotiations with Moscow are underway and that the automobiles are awaiting certification.

“The concern [Khodro] sent one of its vehicles to Russia as a sample for certification, after which it will contact private companies from Russia to sign a supply agreement,” the Iranian official added.

Last November, Moscow and Tehran signed a memorandum of understanding for Iranian automobile exports to Russia valued at $300 million. The two nations additionally explored the potential of joint vehicle manufacturing.

Major Middle Eastern carmakers are eyeing the Russian market following the exodus of European, American, and Japanese manufacturers. Khodro assembles revamped fashions of the Chinese Haima and Dongfeng manufacturers. Last yr, Iran additionally launched manufacturing of the Tara sedan primarily based on the Peugeot 301, whereas different new fashions utilizing the Peugeot and Citroen as prototypes are coming, in response to knowledge from the businesses.

For extra tales on financial system & finance go to RT’s enterprise part

(RT.com)

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