Speaking to reporters on the sidelines of the opening of the first Iran auto industry exhibition, Mohammad Reza Nematzadeh replied to a question on why the auto industry was inclined towards China. He said that under the sanctions many countries discontinued their ties with Iran but China continued its presence and cooperated with Tehran.
Asked why after the Joint Comprehensive Plan of Action (JCPOA) only one auto deal has been signed (Iran Khodro and Peugeot), the minister said only one and a half months have passed since JCPOA and now negotiations are being held with four foreign auto makers, noting that agreement has been reached with Daimler of Germany.
Nematzadeh noted that close to 500 representatives of foreign companies will inspect Iranian domestic capabilities at the auto exhibition.
Some 212 domestic companies will put their capabilities in the 35 thousand square meter exhibition which will be open up to Wednesday, March 2.