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Iran must privatize car industry: Hassan Rouhani

  • Hassan Rouhani Israel, Iran news, President Hassan Rouhani, Middle East, Tehran cars, Iran Economy News
    The state currently controls roughly half of the sector. "International Car Industry Show"

    "The car industry must be completely privatized, it must be competitive," Rouhani said in a televised address to an international carmakers' conference in Tehran.

  • Hassan Rouhani Israel, Iran news, President Hassan Rouhani, Middle East, Tehran cars, Iran Economy News
    since international sanctions were lifted in January following Iran's nuclear deal with world powers.

    The large but outdated car sector is one of the most attractive industries to foreign investors, who have flocked to Tehran

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