X Close

World

Published: Thursday January 16, 2014 MYT 4:55:01 AM
Updated: Thursday January 16, 2014 MYT 4:55:51 AM

French trade delegation to visit Iran next month

PARIS (Reuters) - A delegation of some of France's biggest companies will visit Iran next month to seek business as relations thaw with western powers, the head of the employers' union said on Wednesday.

International sanctions on Iran are set to be relaxed in return for curbs on its nuclear activity under a deal Tehran struck last year with the United States, France, Russia, Britain, China and Germany.

The prospect of an easing of trade restrictions has whetted the appetite of French firms eager to win back business in a country where some used to have extensive operations.

The French Medef bosses' association has organized the visit for February 2-5, its president Pierre Gattaz told a news conference, confirming a report about the trip in the Wall Street Journal.

Gattaz declined to say which companies were sending executives, but the newspaper said they included GDF Suez, Alstom, Veolia Environnement and Safran.

Former French ambassador to Iran Francois Nicoullaud told Reuters that French firms that operated in Iran before the sanctions wanted to return.

He cited Renault, PSA Peugeot Citroen, Airbus Group , Credit Agricole, Societe Generale and BNP Paribas.

Peugeot and Renault already sent executives to Iran for an automotive conference last year.

(Reporting by Jean-Baptiste Vey, Additional reporting by Paul Taylor; writing by Leigh Thomas, editing by Alister Doyle)

advertisement

  1. Karpal Singh: He never feared defeat, says Guan Eng
  2. Karpal Singh, my loving husband
  3. MERS virus: 64 villagers from Kampung Bintang quarantined for a week
  4. A fighter and a gentleman
  5. ‘Don’t play the fool’ and other quotes by Karpal Singh
  6. Michael — shy man whose care spoke volumes
  7. I had no idea it was Karpal, says lorry driver
  8. Penang to give Karpal funeral with state honours
  9. Karpal Singh: Khairy tells Perkasa’s Zulkifli to ‘shut up’ over insensitive tweets
  10. Karpal Singh: Lorry driver in crash tested positive for ganja

advertisement

advertisement