Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Al Mayadeen's correspondent: One was killed, another injured in a raid by an Israeli drone on the city of Khiam in South Lebanon
London views possibility of setting fire to tanker in port of friendly country to Russia to damage port infrastructure, initiate an international probe: Moscow
One of London's scenarios involves setting up accident with 'undesirable' tanker in one of the bottlenecks of maritime communications: Russian foreign intelligence agency
London plans to organize major sabotage with tankers to declare transportation of Russian oil to international shipping: Russian foreign intelligence agency
UK intelligence agencies plan to use NATO allies to launch massive raid on 'Shadow Fleet': Russian foreign intelligence agency
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.

Iran top automaker sets sights on Russian market

  • By Al Mayadeen English
  • Source: Agencies
  • 14 Aug 2022 21:55
2 Min Read

Iran's major automaker, Iran Khodro, aims to prioritize exports to Russia as both countries face Western economic sanctions.

  • x
  • In this picture taken on Saturday, Jan. 18, 2014, an Iranian worker assembles a car at the Iran Khodro automobile manufacturing plant, just outside Tehran, Iran (AP Photo/Vahid Salemi)
    In this picture taken on Saturday, Jan. 18, 2014, an Iranian worker assembles a car at the Iran Khodro automobile manufacturing plant, just outside Tehran, Iran (AP Photo/Vahid Salemi)

Iran's largest automaker is attempting to prioritize exports to Russia, according to its CEO, as both countries face Western economic sanctions.

Iran Khodro displayed the latest model of its Rira crossover car at its factory west of Tehran, where CEO Mehdi Khatibi outlined the company's plans for the Russian market.

"We are going to pay special attention to the Russian market, and we are also thinking of partnering with Russian investors," he said.      

"We have held good negotiations with Moscow. The Russian market, with its capacities, will be one of our important markets," Khatibi added.  "We will begin exporting this year" to Russia, he said.    

Iran Khodro formerly delivered vehicles to Russia, most notably between 2007 and 2009, according to Iranian media.

Read next: Putin's aide: Russia, Iran to become strategic partners

Related News

UK: No Ukraine-Russia peace deal expected in next 12 months

Russia, Iran discuss strengthening defense cooperation in Moscow

The declaration on Sunday comes after Russian President Vladimir Putin visited Tehran in July, where he met with Iranian counterpart Ebrahim Raisi and Iranian leader Ayatollah Ali Khamenei.  

Since the start of the Ukraine war, Russia has endured increasingly harsh sanctions, while Iran has faced stiff sanctions reimposed in 2018 when the US unilaterally withdrew from a nuclear deal between Tehran and international powers.    

In response to the sanctions, the two countries have increased collaboration in crucial areas to assist support their respective economies.  

Kianoush Pourmojib, vice president of Iran Khodro, expressed optimism on Sunday, citing increased exports to Azerbaijan over the last five years. "We are ambitious about improving the quality of our vehicles," he told AFP.      

He added that while the manufacturer hopes to compete in markets such as Azerbaijan, Oman, and Iraq, "in volume, it is, of course, Russia that is the most important".      

"This year, we will produce more than 500,000 vehicles and our goal within three years is to export 100,000 vehicles annually," compared with fewer than 20,000 currently, he said. 

Read next: Russian envoy: JCPOA restoration expected to be reached next week

  • Iran
  • Moscow
  • Tehran
  • Russia

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS