INSUBCONTINENT EXCLUSIVE:
resume operation in the near future, IRNA reported.The decision has been made during the visit of Iranian President Ebrahim Raisi to the
South American country.Back in October 2022, SAIPA signed a cooperation agreement with Venezuela to resume production of Iranian cars in
this country.The cooperation agreement was inked between the Head of SAIPA Automotive Group Mohammad Ali Teimouri and Venezuelan Minister of
Transportation Ramon Velasquez at the venue of SAIPA Company in Tehran in order to produce Iranian cars in this country as a joint venture
be activated in cooperation and collaboration between the two parties and cars will be assembled in the form of Semi-Knocked Down (SKD)
