Iran's HESA company and four Ukrainian companies - the aircraft maker Antonov, the Kiev-based Aviant aircraft plant, the Motor Sich engine making plant, and the Kharkov production association - signed a letter of intent on Friday.
The two countries have yet to sign an intergovernmental agreement before the deal can move ahead.
In its basic modification, the An-148 is designed to carry 70-90 passengers up to 5,000 kilometers. It costs an estimated $20 million to build, less than Sukhoi's Superjet 100 (around $28 million).
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Infographics: Nobel Peace Prize
During the 11th Annual Meeting to be held in Sochi from October 22 to 24, experts of the Valdai International Discussion Club will focus on whether the global community will develop ground rules for the world politics or whether it will be a game without any rules where everyone fend for themselves.