TEHRAN, Oct. 6 (Xinhua) -- Iran's Defense Minister Amir Hatami praised on Tuesday the progress of the country's industrial self-sufficiency.
"The activity of this factory fulfills the needs of the country for quality products in the fields of defense, marine, aerospace and missile industries," Hatami said at the inauguration of a new factory in northeastern Mashhad city producing military and non-military teflon wires and cables.
Apart from the military uses, the output of the factory will also satisfy part of the needs of Iranian civilian industries such as petrochemicals, automobiles and home appliances, he added.
General Hatami stressed the importance for Iran of developing industrial self-sufficiency vis-a-vis growing "hostile foreign efforts" to impose embargoes on the country.
Iran is currently consuming 20,000 km of teflon cable, with a cost of 10 million U.S. dollars in foreign currency, he elaborated.
With the new factory, he continued, the need for some wiring products will be met totally, while in the case of others it will be satisfied by 40 percent, saving Iran 70 percent of its foreign currency spending in the field.
The quality of Mashhad factory's production, he went on to say, meets European standards and is higher than that of cables and wires produced in other countries for the current world market. Enditem
