Sunday, December 1, 2013

Renault to Resume Iran Exports

Renault is readying to resume the export of car parts to Iran pending “clarifications” on the easing of trade sanctions against the country, said Gilles Normand, chairman of the French automaker’s Asia-Pacific region.

“We can start the preparatory work (with suppliers) while waiting for the go-ahead on the possibility to exports parts to Iran,” Normand said in an interview in Tehran, attending the first
International Conference of the Automotive Industry held in Iran. (Reuters/Daily Star, 1 December)
“Such a move would require an opening of financial transactions channels with the country,” Normand added.
Creating special banking channels for items that were exempted from sanctions at Geneva talks, including auto parts.

“There is work to be done since the agreement was signed and clarification on the rules is expected around January 2014,” Normand said. “We are following an extremely pragmatic policy and respect international regulations.”
Renault sold more than 100,000 vehicles, amounting to 10 percent of the Iranian market, in 2012.The automaker’s activity in Iran was hurt this year by U.S. sanctions, which led the automaker to stop the export of car parts in June.


File photo: Employees work at Iran Khodro's joint venture assembly plant with France's Renault to produce the Logan, sold locally as the Tondar. Tehran, 22 September 2007. (Raheb Homavandi/Reuters)

6 comments:

Anonymous said...

Lol at the terrorist mafioso regime's vaunted industry. They were just assembling components built in advanced countries, something that the uneducated mechanic on my block can do.

Anonymous said...

And they claimed that under the previous regime Iran National used to "assemble kit cars" but now they are "independent" and completly produce cars in Iran. They also claim that the first national car of Iran is the Samand. But looks like they forgot to mention that Paykan that was produced in the millions was the first national car of Iran. I guess the sanctions that still is in force proved what a bunch of lying swines these islamic terrorists are. LOL!

Anonymous said...

OMG! That is really an ignorant statement. The fact is also in US a significant portion of all car parts are made in Asia and imported, that includes all the big three of GM, Ford and Chrysler. The fact that car parts are made at different countries and then moved and assembled at other places is just matter of economics

Anonymous said...

AnonymousDecember 2, 2013 at 5:34 PM
Well said,but unfortunately iran cannot rely on these western countries to live up to their end of the bargain,if in the future iran is going to continue to produce european designed cars,all of the components must be produced in iran or from the more reliable asian producers,the europeans are just not trustworthy.Ultimately irans automotive industries will emerge stronger as a result of these problems and the solutions that have been developed to them.

Anonymous said...

As long as the mafia islamo terror regime occupy Iran,it will never be a number one economy like in South Korea and Japan.

Majid Ali said...

This is an amazing post for car lovers.