Mohsen Salehinia described the latest status of signing new deals with foreign automakers as well as the government’s policy in supervising them; “vehicle contracts are not excluded from other industry sectors and extensive negotiations have been held to provide optimized conditions in final agreements.”
“Talks between Iranian and foreign vehicle producers are in final stages with those who made progress before sanctions removal having the lead,” he added.
The official further estimated that the inked deals will become operational in the next 30 days; “according to the agreements, joint production will take place and the vehicles will be released in the domestic and regional markets which demanded complete removal of all international sanctions against Ian.”
“The new contracts, the drafts of which have been defined for cooperation with foreign automakers, a number of crucial points have been taken into mind which pertain to the country’s situation as well as the atmosphere for the presence of foreign vehicles,” underlined Salehinia.
He enumerated the provisions of the agreements including establishment of joint firms, formation of new brands, technology transfer, joint cooperation in spare part production, exports of a portion of the products to third-party countries, bilateral collaboration in increasing quality in addition to diversification on the basis of customers’ demands leading to their satisfaction as well as training and education.
He also noted that the lifting of sanctions has provided new money transfer conditions as well as the possibility of opening finance for Iranian automakers enabling them to conduct joint production with their foreign counterparts.
HA/3030968
Your Comment