August 19, 2017
Persian Khodro
Inviting the European automakers to return to Iran
2013/09/29 | 17:11
Minister of Industry, Mine and Trade:

Inviting the European automakers to return to Iran

PersianKhodro: at the recent meeting of Iranian automotive policy council, some important decisions were taken, including inviting European, Korean and Japanese automakers partners to return to Iran.

According to PersianKhodro report, Mohammad Reza Nematzade asked the automakers to invite European, Korean and Japanese partners to return to Iran.

He said that according to the new situation, they can return to Iran with their new products and gain the market share again.

He emphasized on the necessity of fulfilling the obligations by automakers and asked them to pay their debt to the auto parts makers, especially the foreign partners, as soon as possible.

He also asked the auto companies to increase their capital in order to increase their financial resources. In this regard, it was decided that a program will be prepared and implemented after approval in order to increase the profitability of investment in industry.

The recent meeting of Iranian automotive policy council held yesterday morning with the presence of the Minister of Industry, Mine and Trade, economical deputy of Minister, chairman of the Industrial Development and Renovation Organization of Iran, CEOs of IranKhodro, Saipa, Iran Khodro Diesel, Saipa Diesel, Bahman and Oghab Afshan companies and also representatives of the associations of Iranian automakers and auto parts makers.