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Companies / Iran

Saipa Turns To Sudan For International Expansion

September 2010 | Company News Alert

Iranian carmaker Saipa Automotive Manufacturing Group has announced plans to set up a plant in Sudan, which marks its second major production investment in less than a year. It also marks Saipa's expansion into overseas production, despite the US and EU sanctions against Iran, which have limited the country's trade partners. Sudan, however, is also subject to US sanctions and the project provides opportunities for both

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