Rostec in technology JV talks with Iran’s industrial sector – Chemezov

Rostec CEO Sergey Chemezov

Rostec CEO Sergey Chemezov

Russia’s state-run industrial holding company Rostec has been holding talks in Tehran around the possibility of establishing technology-based partnerships with Iran’s industrial sector. Projects under discussion have included Russian-built rotorcraft and aircraft engines, automated control systems and high-tech optical products.
“The Iranian market is one of the most promising markets to us from a trade and industrial perspective,” Rostec CEO Sergei Chemezov said. “Our two countries have cooperated on military projects in the past, and now we are anxious and prepared to offer broad-ranging projects in civilian areas.
“This will go beyond merely supplying equipment. We are ready to [consider] the prospects of localized manufacturing and fully-fledged service support of our equipment and also of large infrastructure projects that are often out of reach of industrial manufacturers. Such cooperation would prepare the ground for long-term cooperation between the two nations.”

Source: iran-bn