29 Mar 2024
Sunday 15 March 2015 - 13:02
Story Code : 155569

Iran Khodro says to consider politics in choosing European partner

[caption id="attachment_50053" align="alignright" width="217"] Iran Khodro Industrial Group (IKCO) CEO and President, Hashem Yekeh-Zareh Iran Khodro Industrial Group (IKCO) CEO and President, Hashem Yekeh-Zareh[/caption]

Irans giant automaker Iran Khodro said on Saturday that it has serious plans to team up with a credible European partner. However, the company has emphasized that its decision to do so will depend on the political behavior of European countries in the current nuclear talks with Iran.

Many companies are eager to cooperate with Iran Khodro, said Hahem Yekke-Zare, the companys managing director. However, we do not roll a red carpet for just any form of cooperation and our priority is Irans national interests, he added.

Yekke-Zare said Iran Khodros cooperation with partners from countries that have had what he described as inappropriate political behavior toward Iran will be conditional.

 

Political ties will affect economic relations between countries and companies, he said. [Iran Khodros] cooperation with partners from countries that have created a negative atmosphere around Iran through fake crises will be conditional.

Currently, we are monitoring the [Iran nuclear] talks and see it as a determining exam to choose a foreign partner, he added.

Yekke-Zare further said Iran Khodro will sign an agreement with a foreign company over the designing of two Class A and Class D platforms in the near future. He said the agreement will also envisage the production of hybrid cars in Iran.

Iran Khodro is the biggest vehicle manufacturer in the Middle East, Central Asia and North Africa with the current production capacity of 600,000 vehicles a year.It is Irans largest vehicle producer and has about 65 percent of the countrys domestic vehicle production. The company produces a variety of vehicles, including Samand, Peugeot and Renault cars, and trucks, minibuses and buses.

Iran Khodro has already signed several JV deals with European and Asian majors including Peugeot, Renault, Mercedes-Benz and Suzuki. Peugeot is one of Iran Khodros oldest partners and several key vehicles jointly produced by the two including Peugeot 405, Peugeot 206, and Peugeot 207 - are supplied to markets such as Azerbaijan, Iraq, Armenia, Uzbekistan, Turkmenistan, Syria and Afghanistan as well as the domestic market.

By Press TV
https://theiranproject.com/vdcaimn6o49nmm1.tgk4.html
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