22 Feb 2024
Sunday 10 December 2023 - 18:25
Story Code : 408491

Iran’s SAIPA eyeing markets of Russia & Belarus

The Iran Project : In line with the expansion of economic, industrial, and commercial relations with neighboring countries, Iranian SAIPA auto-making groups pinned eyes on the Central Asian markets, especially Russia and Belarus, setting to start car export.
Iran’s SAIPA eyeing markets of Russia & Belarus
Iran’s SAIPA eyeing markets of Russia & Belarus
According to The Iran Project, in 2022, SAIPA has sealed a contract with Lucky Currency Company of Belarus for exporting its products.

At present, the Iranian second largest carmaker enjoys a good cooperation with Belarus’s Lucky Currency Company, as the only official representative of SAIPA in the markets of Russia and Belarus.

The car manufacturer in Iran set to supply the Russian and Belarussian markets with its high-quality products.

Accordingly, the process of receiving the necessary export license is in the final stages.

Also in February, SAPA group had finalized a 
 car export contract with Russia’s Best Motors which has been suspended due to the miscommitment of the Russian side.

Moreover, in July, the Iranian car company has supplied second batch of its cars to Venezuela under an automotive export and joint manufacturing deal signed between the two countries in June.

In a statemen, SAIPA saidt that it had delivered 1,000 completely build-up (CBU) cars to Venezuela in the Iranian calendar month to late June.

The statement said the shipment sent to Venezuela included 700 Quik ST and 300 Saina S models as well as six containers of spare parts.

Tehran is supplying cars to Venezuela under a memorandum of understanding that was finalized during a trip by Iranian President Ebrahim Raisi to Caracas in early June.
Reporter : Fatemeh Khoshroo
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