Concurrent with travel of Mrs. Park Geun Hye, President of South Korea, to Iran on May 2016 accompanied by a board composed of 236 persons of Korean authorities, company managers, and industry holders; Mr. Song, Managing Director, and Mr. Scott Li, Exports and Sales Manger of Mando Co., one of the largest producers of vehicle parts in South Korea, such as dynamos (generators), starters, shock absorbers, stirring boxes, etc., argued about cooperation development and marketing with Ezam Group, one of the largest producers and suppliers of vehicle spare parts in Iran.By report of the broadcasting site of Ezam Group, this meeting was held by presence of founders of Ezam Holding Group and some of top managers of this group with top managers of Mando Co., and they discussed about cooperation development and new projects in vehicle parts production, technology transfer, and exports. It should be mentioned that Ezam Holding Group has been cooperating with Mando Co. in the area of production of shock absorbers and stirring boxes for many years and they have implemented several projects mutually.