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Iranian market

Iranian market significant for carmakers

Tehran: After Iran’s historic nuclear agreement with world powers, carmakers and part suppliers are observed visiting Tehran to check the potential capability in the Iranian Market. The International Conference of the Automotive Industry, which was the first event organized in Iran, united 150 companies from around the globe. Industry Minister Mohammad Reza Nematzadeh said he wanted “more cooperation with foreign companies,” including French manufacturers Peugeot and Renault, both of which have had a long history of doing…