Industry News Trade

Iran starts exporting cars to Turkey

Tehran, Iran | August 25, 2007 by D-8 Secretariat

Another good news for D-8 cooperation and their member states’ intra-trade will happen soon between Iran and Turkey. The cooperation is not only in big projects such as energy and power plants cooperation, but now is also manufactured products in the automotive sector. Iran will export for the first time their cars to Turkey next week.

The first shipment of Iranian-made Samand automobiles will arrive in Turkey next week on semi-trailers. The cars, which are produced by the Khodro Company (IKCO), are being imported and distributed by MYS Otomotiv.

Şükrü Seskır, the chairman of MYS Otomotiv, said the new cars should have been available to the Turkish market in March 2006, according to the Anatolia news agency. “But we were unable to secure some of the certifications required and could not access the market at that time,” he said The Turkish and Iranian governments negotiated for a year in order to allow the vehicles to be imported into Turkey. “After long negotiations, the necessary permits from the Undersecretariat for Foreign Trade were granted,” Seskır said. He added that the problems which had prevented earlier sale of the cars had been resolved. Seskir said his company had ordered 3,000 cars and that the 300 that are arriving in Turkey next week are merely the first shipment.

D-8 Secretariat would record this cars export transaction, between Iran and Turkey, in next Working Group on Industry as a good model of industrial cooperation and trade. Same transaction also made by Indonesian Kijang and Malaysian Proton cars have the potential to be promoted within D-8 countries. The Secretariat will also encourages D-8 Chambers of Commerce to take opportunity in their automotive businesses.

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