manufacture in the East

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Kazakhstan to amend subsoil code

Kazakh president Nursultan Nazarbayev has instructed to adopt the new 'Code on Subsoil' and make the necessary amendments in the country’s tax legislation. President, in his annual address to the …

Iran’s auto production increases by 39.1%

The number of four-wheeled motor vehicles manufactured in Iran during the first nine months of the current Iranian calendar year, which started on March 20, shows a 39.% increase compared to the same period last year. From March 20 to …

Russian carmakers eye Iranuan market

Kamaz, GAZ and Sollers may sign contracts on local manufacturing content in Iran in 2017, Russia’s Deputy Industry and Trade Minister Georgy Kalamanov said on the sidelines of the Russian-Iranian business forum. …

Persian Gulf Star to be launched in 2017

Iranian President Hassan Rouhani underlined that the country will no more need to import gasoline from foreign countries once its Persian Gulf Star refinery starts operation next year. "We will not need to import …

Iran's automaker IKCO named top exporter

Iran's largest auto manufacturer, Iran Khodro Company (IKCO), has topped the list of Iran’s leading exporters. During a ceremony held on the occasion of National Export Day, attended by Iran’s President Hassan …

China to sell 215 subway train wagons to Iran

An Iranian rail company and a Chinese counterpart have signed a contract for the production of 215 subway train wagons. The wagons will be used in three major cities of Tabriz, Shiraz and Isfahan, Trend reports with reference to …

Iran launches production lines for missile fuses

Iran has launched several production lines for making proximity fuses that are used in rockets and missiles. Iran's Defense Minister Brigadier General Hossein Dehghan attended the ceremony for inaugurating the …