Russia gives green light to Iran's automobile industry

TEHRAN, Aug. 26 (MNA) – The Russian Federation has given green light to the Iranian automobile industry.

In the past two years, the Russian automobile industry has been waiting for the comprehensive presence of Iranian spare parts producing companies due to the withdrawal of Western companies and the increasing need for automobile spare parts and equipment.

The export of Iranian automobile spare parts to Russia has faced a 450% increase in the past years.