Ukraine and Iran have agreed to broaden their cooperation in the aircraft manufacturing industry. Ukraine’s Deputy Prime Minister/Minister of Regional Development, Construction, Housing, and Utility Services Hennadii Zubko announced this in a statement. The relevant memorandum of understanding was signed in Tehran on Monday, LigaBusinessInform reports.

"Our countries’ companies will cooperate in the areas of modernization of the An-140-100 aircraft and its joint serial production, in design and production of new versions of the An-140-100, in the area of marketing and sales of the An-158 passenger aircraft in Iran and the region, and in the area of delivery of the An-178 non-military transport aircraft," the ministry's press service quoted Zubko as saying.

Iranian experts predict that Iran will need about 600 passenger aircraft by 2021, including 270 with capacities of 100-150 passengers.

According to recent reports, a flight model of the Faraz-140T military transport plane, which was developed based on Ukraine’s An-140 aircraft, will be assembled in Iran in 2016.