26334
French Fervor for Favors
Economy, Auto

French Fervor for Favors

A French delegation comprising 130 companies accompanied by the French ministers of foreign trade and agriculture, and agrifood and forestry are expected in Iran today. Representatives of car company Peugeot and oil giant Total are also part of the delegation. There have been rumors of additional contracts being signed between the French and local businesses, Tasnim News Agency reported. In just over a week, another auto delegation from France is likely to meet with automotive officials in Tehran to discuss further cooperation. The jump in visits by delegations from Paris indicates the French are not holding back in terms of investments. They are aware of German determination to move into the local market, as well as strong interest of other automotive groups. The news of Peugeot pushing ahead with its plans comes, as their main French rival Renault announced the marketing of their affordable small hatchback Sandero or B90.

 

Short URL : https://goo.gl/1iqJ4M
  1. https://goo.gl/5tMldx
  • https://goo.gl/YLfdyd
  • https://goo.gl/mCJeVt

You can also read ...

CBI Outlines Top Priorities
The governor of the Central Bank of Iran, who took the reins...
Non-Oil Trade Value With Egypt Tops 80%
Iran traded 298,616 tons of non-oil commodities worth $128.23...
Interest Rate Growth Gathers Pace
Two major banks have been allowed by the Central Bank of Iran...
Domestic Shoe Industry Hit by Raw Material Shortage
Domestic shoe production has declined by over 70%, the head of...
Colza Production Breaks 30-Year Record
Colza production in Iran since the beginning of the current...
IKCO to Deliver Presold Peugeot 2008 SUVs
Extending apologies for the prolonged delay in the delivery of...
Rail Exports From Qom to CIS Grow 29%
More than 3,403 tons of goods were exported via railroads from...
Tehran to Host Handmade Carpet Expo
The 27th Iran Handmade Carpet Exhibition is scheduled to open...

Trending

Googleplus