Russian combat engineers continue mine clearance operation in eastern AleppoMilitary & Defense February 27, 8:46
‘Moonlight’ takes Oscar for best picture instead of earlier announced ‘La La Land’Society & Culture February 27, 8:25
Oscars 2017: Casey Affleck, Emma Stone win Academy awards in best actor and actressSociety & Culture February 27, 8:08
Russian military delivers humanitarian aid to some 3,800 Syrians over past 24 hoursRussian Politics & Diplomacy February 27, 7:16
International talks on Syria conflict settlement may take up to several months — sourceWorld February 27, 7:13
PARNAS leader attacked during march in Nemtsov’s memorySociety & Culture February 26, 16:59
Donetsk water purification station recaptured from Ukrainian radicalsWorld February 26, 15:24
Russian skiers Ustyugov, Kryukov win team sprint at World ChampionshipsSport February 26, 15:23
Opposition activist Dadin sentenced for disorders at rallies leaves jailRussian Politics & Diplomacy February 26, 12:58
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.