Arab Today, arab today iran market welcomes international auto companies after geneva agreement
Last Updated : GMT 05:35:14
Arab Today, arab today
Arab Today, arab today

Iran market welcomes international auto companies after Geneva agreement

Arab Today, arab today

Arab Today, arab today Iran market welcomes international auto companies after Geneva agreement

Tehran - XINHUA

World auto manufacturing companies are seeking to seize potential Iranian market after the Geneva agreement which was struck last weekend raised optimism in Iran for a rebound in the industry. A number of top auto brands from 20 countries have attended an intentional conference opened here on Saturday. The conference aims at encouraging domestic and international enterprises to engage in the development of Iran's industry. Iran's first Vice President Eshaq Jahangiri said in the opening ceremony that the government seeks to recover the auto industry in the country to its thriving days. Jahangiri said auto industry is an integral part of a modern society, and Iran has to tackle the challenges including "low production, pricing, changes in the profit patterns, financing and the quality of cars and spare parts." The Iranian auto companies and the manufactures of the spare parts, in collaboration with the Ministry of Industry and in an interaction with the international auto companies, should turn Iran into a main producer and exporter of cars in the region, he said. Iran's auto industry first developed under the former regime of the U.S.-backed Shah, but after the Islamic revolution in 1979, it went into a decline only to begin growing quickly since 2000. Last Sunday, Iran and the world powers reached an interim deal in Geneva over the country's nuclear program. Under the agreement, the United States and its allies will provide Iran with limited sanction relief including an ease on auto industries. The United States claims the deal will bring Iran benefits worth 7 billion U.S. dollars over the six months duration of the deal. This includes 1.5 billion dollars in revenue from the suspension of sanctions on industries including the auto and petrochemical industry.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran market welcomes international auto companies after geneva agreement Arab Today, arab today iran market welcomes international auto companies after geneva agreement

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran market welcomes international auto companies after geneva agreement Arab Today, arab today iran market welcomes international auto companies after geneva agreement

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday