DUBAI The French car-maker Peugeot would pay compensation to Iran according to a new contract signed with Tehran last month, for the losses inflicted through its sudden withdrawal from the Iranian market during the sanctions, Iran’s minister of trade and industry said on Saturday.
Peugeot suspended sales in Iran in 2012 when the international sanctions against the Islamic Republic’s nuclear program were extended to the automobile sector.
In January 2016, following a report by the U.N. International Atomic Energy Agency (IAEA) certifying that Tehran has met all its obligations under the nuclear deal with world powers, most of the UN, U.S. and …read more
Source: Iranian.com
