The contract was signed on Wednesday on the sidelines of MIMS Automobility Moscow 2023.
Mahmoudreza Mousavi, the deputy for exports of the Iranian company, told IRNA that the company has been active in the Eurasian market and the Commonwealth of Independent States (CIS). He added that the company began exports to Russia eight months ago.
Referring to factors such as quality, after-sales service, timely delivery, and offering competitive prices, which are on the agenda for his company, Mousavi predicted that the company will find its way in the Russian market. This is the second consecutive year that Iran is attending MIMS Automobility Moscow.
Some 32 Iranian companies, including two leading automakers, Iran Khodro (IKCO) and Saipa Group, two commercial companies, as well as 28 auto spare parts companies are showcasing their products in the four-day expo which opened on Monday.