Iran minister urges wary French banks to return to Tehran


  • World
  • Friday, 29 Jan 2016

PARIS (Reuters) - Iran's trade and industry minister urged French banks on Thursday to overcome their wariness about doing business with the country, seeking to drum up much-needed foreign investment.

French banks have been reluctant to handle deals with Iran, deterred by a $9 billion U.S. fine on Paris-based BNP Paribas in 2014 for sanctions violations, even as both governments celebrated renewed ties.

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