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President Rouhani to Inaugurate Auto JV With Azerbaijan

Iran Khodro-AzEuroCar LLC joint production plant known as Azermash will be inaugurated by President Hassan Rouhani during his visit to Azerbaijan in the coming weeks
President Hassan Rouhani visited the IKCO factory in Tehran in May 2017. (File Photo)President Hassan Rouhani visited the IKCO factory in Tehran in May 2017. (File Photo)

President Hassan Rouhani is set to inaugurate the Iran Khodro-AzEuroCar LLC joint production plant known as Azermash during his visit to Azerbaijan in the coming weeks.
Iran's Minister of Economic Affairs and Finance Masoud Karbasian said, “During a state visit to Azerbaijan later this month, President Hassan Rouhani will inaugurate the Azermash joint venture,” YJC reported. 
Rouhani is scheduled to visit to visit Azerbaijan's capital Baku by the end of March. He will be accompanied by a business delegation. A joint business forum between the traders of Iran and Azerbaijan has been scheduled to be held on the occasion of the Iranian delegation's visit.
Earlier in the day, Behrouz Olfat, the head of Europe and America Affairs Bureau of Iran’s Trade Promotion Organization, said, “The production line will be inaugurated by President Hassan Rouhani before April 20.”
In the first phase, the production plant will manufacture the locally-designed sedan named Dena.
 

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