Carmakers, Armed Forces Expand Tech Ties to Overcome Sanctions

Iran’s armed forces are expected to play an increasing role in auto industry by helping curb the impact of US sanctions on the key sector.
After the US reimposed sanctions against Iran, foreign automotive firms pulled out of the country. The armed forces, along with local tech firms, have filled up the void left behind by foreign suppliers’ withdrawal from the Iranian market. 
Iran’s Army, Defense Ministry and the Islamic Revolution Guards Corps’ Aerospace Force are leading the effort, the Persian economic daily Donya-e-Eqtesad Reported. 
Sharing their modern technologies, the armed forces helped Iran Khodro (IKCO) and SAIPA, Iran’s major automakers, and local parts makers to boost their output. 
The assistance helped boost the manufacture of high-tech components and upgrade machinery and industrial skills.