Iran has signed a Memorandum of Understanding valued at $300 million with Russia for car exports to the country, semi-official Fars news agency reported.
Russia is one of the customers of Iranian automobiles, Fars quoted Mohammadreza Najafi-Manesh, President of the Association of Homogeneous Powertrain Industries and Parts Manufacturers, as saying on Monday.
Najafi-Manesh noted that Iran had exported some 1,000 vehicles to Venezuela, adding that more orders from the South American country are expected in the future, Xinhua news agency reported.
He said Russia and Venezuela are two “good” markets for Iranian cars, noting that Iran will be able to achieve a favourable global status in automobile exports once the ground is prepared.
Iran had previously exported cars to Armenia and Azerbaijan as well, he added.
FacebookTwitterLinkedin
A fire has broken out at a girls’ school in central Kenya just two days after a boarding school inferno… Read More
The daughter of a French woman who was allegedly drugged and sexually assaulted repeatedly by her husband and dozens of… Read More
Gildardo Lopez Astudillo’s arrest comes weeks before the 10th anniversary of the students’ disappearance.Authorities in Mexico say they have arrested… Read More
Hamas releases heartbreaking video of slain Israeli-American Hersh Goldberg-Polin, family calls it a 'wake-up call to the world' New York Post… Read More
With two months to go before the US presidential election, the candidates are outlining their vision for the world’s biggest… Read More
Spanish couples take their newly adopted Chinese children for a walk in Beijing's Tiananmen Square, March 7, 2007. Greg Baker/AP… Read More
This website uses cookies.