Iran's 1st VP Encourages Auto Manufacturers To Increase Production, Exports

Tehran, Jan 1, IRNA – Referring to Iran's 13th place in vehicle manufacturing, 1st Vice President Mohammad-Reza Rahimi here Monday encouraged country's automobile manufacturers to boost production and exports more than ever before. According to IRNA, the IRI Presidential Office website quoted Rahimi as making the remarks at a meeting aimed at surveying the problems with which the Iranian automobile manufacturers are entangled with Monday evening. Rahimi asked the country's creditor banks to have greater interactions with the auto manufacturers and to provide for them the conditions for increasing production, while decreasing the cost of their products and offering greater services to their clients. The first vice president also emphasized the need for economic reforms aimed at elimination of some of the inconsistencies and problems in car production process, reiterating, 'Our auto manufacturers must try to improve the quality of their goods, meet the demands of the Iranian markets, and also increase their exports noticeably.' Rahimi said that such meeting with the car manufacturers would continue till full solving of their problems, adding, 'Agreements must be reached between the creditor banks and the car manufacturers so that after summing up the problems associated with automobile manufacturing at one of the upcoming cabinet meeting the government would adopt special decision aimed at solving these manufacturers' entire problems. At Monday evening session with the First Vice President Rahimi the managing directors of two of the countries top car manufacturers, Iran Khodro and Saipa spoke about the latest status of their factories' receiving facilities, as well as statistics on the extent of their sales and the allocated credits to them during the past few years. At the session in the presence of the managing directors of creditor banks also discussions were held on provision of the require cash amount and the circulating capital for the manufacturers, and solving the increasing capital problems, and some proposals were put forth in such respects./end