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Geneva agreement to positively impact Iran’s car industries

Tuesday, 26 November 2013

Experts believe that the effect will not be felt immediately since there are still internal and external problems in this arena. According to the experts, although sanctions on the car industries will be lifted, the two problems involving transfer of foreign currency and cash remain in place. Most of the purchase of the car industries is made in Korea, China and several European countries, and since the sanctions on the Central Bank of Iran CBI are still not lifted, there will be problems in transferring funds and spare parts. At the end of the six months, if a final agreement is reached, and the sanctions on oil and the Central Bank will be lifted, we can then be optimistic that within one year, the state of car manufacturing will significantly improve.

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  • Published: 3 weeks ago on Tuesday, 26 November 2013
  • By: Iran Daily Brief
  • Last Modified: November 26, 2013 @ 3:28 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://isna.ir/fa/news/92090402281/%D8%AA%D8%A7%D8%AB%DB%8C%D8%B1-%D9%85%D8%B0%D8%A7%DA%A9%D8%B1%D8%A7%D8%AA-%DA%98%D9%86%D9%88-%D8%A8%D8%B1-%D8%A2%DB%8C%D9%86%D8%AF%D9%87-%D8%B5%D9%86%D8%B9%D8%AA-%D8%AE%D9%88%D8%AF%D8%B1%D9%88

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