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Iran Khodro cooperation with China will boost carmaker's potential: envoy

TEHRAN, Feb. 2 (Mehr News Agency) -- Certainly, in its cooperation with Chinese auto producers, the Iran Khodro Co. -- the nation's major carmaker -- will be able to follow the road leading to world markets faster, noted Iranian Ambassador to Beijing Javad Mansuri.

China is expected to become the industrial and economic hub of the world in the next seven years, therefore, Iran's cooperation with the country's industrial companies can have a positive and significant impact on the growing trend in Iran Khodro, the Iranian official added during a visit with Iran Khodro Co. Managing Director Manuchehr Manteqi.

He also called for the establishment of the Iran and China especial cooperation committee that is to be based at Iran's Ministry of Industries and Mines. The committee will be tasked with adopting required policies.

High level talks with Chinese companies will result in higher profits for Iranian companies, MNA quoted him as saying here on Friday.

Referring to the ways leading to the presence of Iranian companies in China, the Iranian official maintained that Iran's cooperation with China on the sectors such as building machineries, investment, raw material, designing and export markets would facilitate reaching the objective.

... Payvand News - 2/3/07 ... --

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