Rouhani vows to privatize Iran’s car industry

Iran’s President Hassan Rouhani said on Tuesday that the privatization of the country’s car industry is a key mission in the economic agenda of his government – an announcement already seen by analysts as a sign that Iran is already preparing to open up its economy to world markets.

President Rouhani in his remarks emphasized that people should be happy about the quality of cars in Iran, adding that the only way for this to happen is to have private sector corporations produce cars.

“The satisfaction of people has a special important for the government. The fact that we …produce cars and impose them on the people and tell them that this is only thing you can choose … is something that this government can never accept,” he told a conference of auto producers.

“Everyone should struggle for the satisfaction of the people and we need to take serious steps toward this direction in the car industry. Iran’s car industry should be completely privatized and become competitive.”

Rouhani said that the government has over the past few years strongly supported the state corporations that produce cars by devising heavy tariffs on imports of cars. He specifically mentioned a government plan to provide loans to people as another key step that the government had taken to encourage consumers to purchase cars.

However, the president emphasized that the government’s abilities to support the state car producers are limited and cannot continue eternally.

 

Emad Askarieh

Emad Askarieh has worked as a journalist since 2002. The main focus of his work is foreign policy and world diplomacy. He started his career at Iran Front Page Media Group, and is currently serving as the World Editor and the Vice-President for Executive Affairs at the Iran Front Page (IFP) news website.

Recent Posts

One child gets killed every hour in Gaza: UN

The United Nations agency for Palestine refugees (UNRWA) has announced that 14,500 Palestinian children have…

1 hour ago

Several killed in blast at explosives factory in Turkey

At least 12 people were killed and three others wounded after a blast rocked an…

2 hours ago

Zelensky claims over 3k North Korean soldiers killed, wounded in Russia

The number of killed and injured North Korean soldiers fighting alongside Russian forces in Kursk…

2 hours ago

Iran Judiciary: No complains lodged against ex-FM Zarif over dual citizenship

The spokesperson for Iran’s Judiciary clarified that no complaints have been filed against former Foreign…

2 hours ago

Iran to unveil first AI-equipped oil well

The Iranian Vice President for Science, Technology and Knowledge-Based Economy has announced the inauguration of…

5 hours ago

Syrian rights group compiles list of over 16k Assad gov’t affiliates accused of crimes against civilians

A Syrian rights group has announced that it has compiled a list of around 16,200…

5 hours ago