TEHRAN, Nov 14 (NNN-IRNA) – Iran has started to export cars to Venezuela, visiting Venezuelan Transport Minister, Ramon Velasquez, said yesterday.
A total of 80,000 orders for Iranian cars have been placed in Venezuela, and 1,000 of them will be sent in the first stage, Velasquez was quoted by Iran’s Labour News Agency, as saying.
There is a very high demand for Iranian car products in Venezuela, he noted.
Velasquez and his economic delegation are in Iran, to attend the ninth meeting of the Joint Economic Commission of Iran and Venezuela, which started in the capital, Tehran yesterday.
The two countries, both heavily hit by U.S. sanctions, have established close economic and energy ties in recent years, to offset the impacts of sanctions.– NNN-IRNA