IOC extends doping-related sanctions against RussiaSport December 07, 19:35
Russian oil companies back Energy Ministry proposal on limiting oil production — ministerBusiness & Economy December 07, 18:42
Syrian troops take full control over 47 quarters of eastern Aleppo — ministryWorld December 07, 18:36
Sberbank head expects oil and gas prices to continue to fallBusiness & Economy December 07, 18:26
Russian sappers start clearing eastern Aleppo from minesMilitary & Defense December 07, 18:17
Putin says experience gained in Syria to be discussed at Defense Ministry board meetingMilitary & Defense December 07, 17:49
Luxembourg Forum to convene conference on nuclear security in 2017World December 07, 17:32
Pole vault star Isinbayeva takes charge of Russian Anti-Doping Agency’s supervisory boardSport December 07, 17:28
Russian expert says North Korea has effective means of delivering nuclear weaponsWorld December 07, 17:23
MOSCOW, April 3. /TASS/. Russian automakers AvtoVAZ, GAZ and KAMAZ are holding negotiations on setup of Russian vehicles’ assembly in Iran, the press service of the Ministry of Economic Development said on Friday.
"Several Russian automobile companies are currently holding negotiations with the Iranian side concerning the setup of Russian vehicles’ assembly in Iran [AvtoVAZ, GAZ, and KAMAZ at the initial stage — TASS]. However, no specific agreements have yet been reached," the press service added.
"Russian companies will be challenged by major competitors represented by European and US automakers already having the track record of assembling their models in the territory of Iran if sanctions are lifted," the Ministry of Economic Development said.
The setup of Russian vehicles’ assembly facilities was discussed during the visit of the Russian Minister of Economic Development to Teheran in November 2014.
Russian automakers said earlier they intend to compensate losses from declining domestic sales on the account of export, focusing on traditional markets in CIS and emerging markets in Asia, Africa, and Latin America.