News ID : 3527
Publish Date : 05 February 2019 - 09:30
Iran and Europe transaction channel began its activity with conditions but it seems that this channel doesn’t have benefit for automakers because most experts believe that big automakers need more guarantee than transaction channel.
Khodrocar – in recent days and after months financial transfer channel between Iran and Europe start its activity with different conditions. This channel support none sanction products right now but it could be a hope light for some economy activists to transfer products and money. Could automakers be hopeful about this channel and could it be a start for European automakers return to Iran?

"Even if this channel support sanctioned products then it doesn’t seem European automakers come to Iran again and invest in our auto industry.” Saeed Madani, expert of auto industry told khodrocar reporter. "Cooperation of European automakers with Iran is about technology, transferring technical knowhow and parts is under radar so if they have a benefit in America so they won’t cooperate with Iran in this condition.”   

"It is predicted that companies which don’t have any benefit in America would transfer their products through this transaction channel.” He added.

"Both French companies Renault and Peugeot don’t have direct share in America’s market but Renault have cooperation with Nissan and they have a market in America so they can’t compete with sanctions.” He said.

"Peugeot doesn’t have any market in America but has future plans to do vehicle services in there also they have other partners. Big automakers and European won’t return to Iran easily in current condition. We have to put effort to solve the obstacles of transferring money with china and turn them back to the country.” He said.

"The prospect of the country's automobile industry is not suitable for the return of big corporations, and the effort should be made to rely on the knowledge and ability of the national platforms in the country and along with those parts of the domestic vehicle market.” He added.

"Iran's and Europe's financial transfer channels do not have the capacity and justification for the return and entry of major European companies to Iran.’ Bhaoldin Hosseini Hashemi, expert of economy told khodrocar reporter.
"Large European companies are generally multinational and operate globally, which is a factor in the current situation where only the US has sanctioned Iran to enter the Iranian market to protect its interests.” He said. "The launch of the Iranian-European financial transfer channel for large companies has no incentive, and the channel will be suitable for small companies that do not have a stake in the United States if they cover sanctions.”

With these comments, it can be said that European car companies that have always been luggage in the Iranian market will not return to Iran with the launch of Iran's and Iran's financial transfer channels, and this channel will cover only goods that are not subject to US sanctions.

Khodrocar Reporter: Amir Hossein Lavasani

Khodrocar Translator: Amin Zamani
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