A worker on a production line of Iran Khodro Automaker Company (IKCO), 13km west of Tehran on August … [+] 14, 2022 (Photo: Morteza Nikoubazl/NurPhoto via Getty Images)
NurPhoto via Getty Images
Russian and Iranian companies have held talks on the joint production of cars, in the latest sign of commercial cooperation between the two countries as they try to deal with international sanctions.
Russia’s economy has been hit by wide-ranging sanctions this year following its invasion of Ukraine in February, while Iran has many more years of experience with trade restrictions due to international concerns about its nuclear program and other activities.
There has been mounting evidence of close cooperation between the two countries in the military domain this year, with Iran accused by the U.S. and others of supplying hundreds of drones to Russia for use in the war in Ukraine. Iran has only admitted to providing a small number before…
