Opening Asia for Russia

Russia and Iran signed a memorandum on the export of cars

29.11.2022 224 просмотров

The total amount was $300 million, the Iranian Fars news agency reported, citing the head of the local Association of Auto Parts Manufacturers.


Iran and Russia have signed a memorandum of understanding in the field of car exports worth $ 300 million. This was reported on Monday by the Iranian agency Fars with reference to the head of the local Association of Auto Parts Manufacturers.

"Russia will become another buyer of cars assembled on the territory of the Islamic Republic," he said. "Our countries have already signed a memorandum of understanding worth $300 million."

According to the agency, Iran already supplies cars of its own production to Azerbaijan and Armenia. In addition, the first batch of vehicles assembled on the territory of the Islamic Republic was sent to Venezuela, its volume is 1 thousand vehicles.

On September 28, Deputy Head of the Ministry of Industry and Trade of the Russian Federation Albert Karimov said that Iranian car companies are showing interest in the Russian market. The Russian side, Albert stressed Karimov, will consider the initiatives of the Iranian partners as they concretize their proposals and ideas.

On November 16, the head of the Avtovaz concern Maxim Sokolov told reporters on the sidelines of the Transport of Russia forum that the company was studying Iran's proposal for joint production of cars.

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