KashifAsrar
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Russian GAZ signs $250m deal with Iran
Monday, October 30, 2006 - é2005 IranMania.com
LONDON, October 30 (IranMania) - The Russian automaker GAZ, signed a $250 mln deal with Iranââ¬â¢s heavy trucks manufacturer, Iran Khodro Diesel Co. to produce in Iran a new version of its Gazelle vans, MNA reported.
Based on the agreement, the Iranian company will go in for the completely built units (CBU) for its first phase of production during which some 12,000 of the vans will be assembled, the Persian service of ISNA reported here on Sunday.
The assembly of the completely knocked down (CKD) vehicles will start within a short period and domestic production of the parts will hit 50% during the first year.
Iran has embarked on a vast cooperation with Russia in the auto sector. The nation has sold over 5,000 of its Samand sedans to Russia. Iran has also launched a Samand production assembly line in Belarus.
Moreover, another Russian auto producer Kamaz, has signed an agreement with Iran, worth over $400 mln based on which 1,500 heavy trucks will be built in the Persian Gulf nation per annum, the report also noted.
http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=46796&NewsKind=Current%20Affairs
It looks that the economic ties between the two is on steady rise, despite the threat sanctions from Uncle SAM and thier puppets.
kashif
Monday, October 30, 2006 - é2005 IranMania.com
LONDON, October 30 (IranMania) - The Russian automaker GAZ, signed a $250 mln deal with Iranââ¬â¢s heavy trucks manufacturer, Iran Khodro Diesel Co. to produce in Iran a new version of its Gazelle vans, MNA reported.
Based on the agreement, the Iranian company will go in for the completely built units (CBU) for its first phase of production during which some 12,000 of the vans will be assembled, the Persian service of ISNA reported here on Sunday.
The assembly of the completely knocked down (CKD) vehicles will start within a short period and domestic production of the parts will hit 50% during the first year.
Iran has embarked on a vast cooperation with Russia in the auto sector. The nation has sold over 5,000 of its Samand sedans to Russia. Iran has also launched a Samand production assembly line in Belarus.
Moreover, another Russian auto producer Kamaz, has signed an agreement with Iran, worth over $400 mln based on which 1,500 heavy trucks will be built in the Persian Gulf nation per annum, the report also noted.
http://www.iranmania.com/News/ArticleView/Default.asp?NewsCode=46796&NewsKind=Current%20Affairs
It looks that the economic ties between the two is on steady rise, despite the threat sanctions from Uncle SAM and thier puppets.
kashif
