Iran eyes to expand auto export

Transport Materials 19 August 2022 16:19
Tehran, Iran Trend News Agency
Iran eyes to expand auto export

Iran is seeking to find new markets and expand auto export including the Russian market, said The director general of Automotive Industry in the Ministry of Industry, Mine and Trade, Abdollah Tavakoli Lahijani, Trend reports citing IRNA.

Iran devised a plan to boost its products and platforms to compete with rivals in the international markets by using domestic knowledge-based companies, he indicated.

The official pointed out that the Russian Automobility Exhibition will help Iranian automakers find new markets and a new place in the supply chain.

Sanctions on Russia over the conflict in Ukraine have provided a new opportunity for Iran’s automobile and auto parts industry to gain more share in Russia and international auto markets, he noted.

Iran has a long-term plan to establish joint platforms with Russia and China for new products that would be implemented in the next steps in auto cooperation, Lahijani stressed.

Russia’s Automobility Exhibition is slated to be held from August 22-25 at the Moscow International Exhibition Center (Crocus Expo) with 600 companies from 18 countries.