Iran signs $300 million MoU for car exports to Russia
Iran has signed a Memorandum of Understanding valued at $300 million with Russia for car exports to the country, semi-official Fars news agency reported.Russia is one of the customers of Iranian automobiles, Fars quoted Mohammadreza Najafi-Manesh, President of the Association of Homogeneous Powertrain Industries and Parts Manufacturers, as saying on Monday.Read AlsoNajafi-Manesh noted that Iran had exported some 1,000 vehicles to Venezuela, adding that more orders from the South American country are expected in the…