Iran eyes boost in car exports

Iranian Minister of Industry, Mine and Trade Mohammad Reza Nematzadeh says the country has drawn up plans to turn into a major car exporter in the region within the coming 10 years.

“According to the plans, one-third of the cars produced in Iran will be exported to overseas markets,” Nematzadeh told reporters on Monday.

He also pointed to the ongoing talks between the Iranian auto companies and their foreign counterparts, saying that the issue has already been raised during the negotiations.

“Right now, we are in talks with reputable auto companies. During these talks, it has already been emphasized that 30% of the cars produced in Iran will be exported overseas,” the Iranian minister reiterated.
“At present, Iranian car manufacturers produce up to 1.6 million cars annually. All of these cars meet national standards,” he noted, adding that the auto companies seek to promote the quality of their products.