Iran Khodro, Peugeot to supply new joint products to market
Tehran, July 4, IRNA – Deputy Minister of Industry, Mine and Trade Mohsen Salehinia said on Monday that a joint production site of Iran Khodro and Peugeot at Iran Khodro Complex is being worked out and the two automakers will supply new joint products to the market.
Speaking to reporters on the sidelines of a ceremony to mark the National Industry and Mine Day, Salehinia said that after the implementation of Iran nuclear Deal reached between Iran and the six world powers last year, Iran Khodro and Peugeot signed contracts for cooperation and the joint production site was launched. Following the contract between Iran Khodro and Peugeot, other Iranian automakers such as Saipa pursued their talks with French, German, Japanese and South Korean companies, Salehinia said. Saipa will finalize a deal in the near future and Iran Khodro, that is seeking to export a 50% share of its products, will also find other trade partners except for Peugeot. Source:IRNA