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Iran, France to sign 20 deals, including Airbus purchase, within hours

Business Materials 28 January 2016 15:45 (UTC +04:00)
Iran and France are set to sign 20 business deals, including the deal on purchase of Airbus aircraft within the coming hours
Iran, France to sign 20 deals, including Airbus purchase, within hours

Baku, Azerbaijan, Jan. 28

By Farhad Daneshvar - Trend:

Iran and France are set to sign 20 business deals, including the deal on purchase of Airbus aircraft within the coming hours.

The deals are expected to be signed on the sidelines of a meeting between Iranian President Hassan Rouhani and his French counterpart Francois Hollande today, Iran's state run Radio VIRI reported.

The report added that the contracts on Airbus, Peugeot Citroën, oil and gas as well as transportation will be signed this evening on the sidelines of the meeting.

Under the terms of the contract which is expected to be signed within the upcoming hours, Airbus will be committed to deliver the aircraft to Iran as soon as possible.

Iran Khodro and Peugeot Citroën are expected to establish a new company in Iran. The company will manufacture Peugeot 208, 2008 and 301 as of the second half of 2017.

Rouhani who arrived in Paris on Jan. 27, met with a group of French entrepreneurs and ministers at his arrival to discuss expansion of trade ties.

"Within the framework of the current policies of the Iranian government France is again to become active in Iran, with new energy and strengthened will," said Rouhani.

"We are here to welcome all investors and economic managers to cooperate with Iran," Rouhani told the French businessmen.

We are now ready to open new chapter in ties between the two countries, he added.

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