Auto Sector Taps Into Academic Potentials to Boost Production

Major automaker Iran Khodro (IKCO) has signed a research and development agreement with Islamic Azad University of Mashhad, Khorasan Razavi Province, to use academic potentials for boosting the key sector.
Seyyed Reza Norouz-Zadeh, the head of IKCO branch in Mashhad, signed the agreement with Masoud Taheri, dean of the university, during a meeting on Wednesday, IRNA reported. 
Taheri explained that IAU intends to strengthen relations with the auto sector to transfer knowledge and skills to the key industry, and assist the automaker in integrating modern methods to increase production. 
“The agreement allows for the effective use of academic resources in developing research projects and addressing IKCO's technological needs,” he added. 
Emphasizing the restrictive effects of US sanctions, Taheri said the agreement taps into local potentials to get around the restrictions and reduce the country's reliance on foreign suppliers.