News / Europe

    Iran and France Sign Major Trade Deals

    Iranian President Hassan Rouhani, left, visits French President Francois Hollande at the Elysee Palace in Paris, Jan. 28, 2016.
    Iranian President Hassan Rouhani, left, visits French President Francois Hollande at the Elysee Palace in Paris, Jan. 28, 2016.
    VOA News

    Iranian President Hassan Rouhani has signed trade deals with France worth billions of dollars following the lifting of international sanctions imposed over its nuclear program.

    "We are ready to turn the page for a new relationship between our two countries," he told a group of French business leaders in Paris after his arrival Thursday in the French capital.

    "We are announcing today that we are ready for this and on this trip we bring this message toward all investors, economic bodies, that they are welcome in Iran."

    WATCH: Iranian president speaks on bilateral relations with Paris

    Rouhani Signs Major Iranian-French Trade Dealsi
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    VOA News
    January 28, 2016 8:49 PM
    Iranian President Hassan Rouhani, visiting Paris on Thursday, addresses a Iranian-French business forum and draws responses from analysts and protesters.

    Business deals

    Later Thursday, Rouhani met with French President Francois Hollande at the Elysee Palace. Some 20 agreements were signed in the presence of the two leaders, including in the areas of health, agriculture and the environment. 

    Iran Air has agreed to update its aging fleet by purchasing 118 passenger planes from European aircraft maker Airbus, in a deal worth an estimated $25 billion. French sources said the sale, which includes both medium- and long-haul planes, will be finalized once international sanctions against Iran are fully lifted.

    Another deal will pave the way for a joint venture between French car manufacturer Peugeot Citroen and the Iranian firm Khodro. Peugeot, which pulled out of Iran in 2012, will modernize a Khodro factory near Tehran. It’s expected to produce 200,000 vehicles a year starting in 2017.

    Also, the French oil firm Total announced a deal to buy oil from Iran, the first such agreement with a Western oil company following the lifting of sanctions.

    After the meeting with Rouhani, Hollande lauded the new chapter in relations, saying "this relationship can be useful, useful to our two countries, useful to the region, which is marked by war, by crises and therefore by tragedies, and useful to the world."

    He said he reminded the Iranian leader that France was "committed to human rights."

    Rouhani, for his part, told reporters that Iran and France should share intelligence to fight against "fanaticism, terrorism and extremism."

    Iranian opposition protesters take the streets in Paris to protest against executions in Iran, as Iranian President Hassan Rouhani is in France for a two-day official visit, Jan. 28, 2016.
    Iranian opposition protesters take the streets in Paris to protest against executions in Iran, as Iranian President Hassan Rouhani is in France for a two-day official visit, Jan. 28, 2016.

     

     

     

     

    Protests greet Iranian president

    Rouhani's arrival in Paris on Thursday was met by protests, notably over executions in Iran. In one demonstration, a woman dangled from a Paris bridge in a mock hanging, with an Iranian flag painted on her chest. 

    His visit to France is the first by an Iranian president since 1999 and comes as part of a five-day trip. It included a stop in Rome, where he signed an estimated $18 billion in deals for steel and pipelines.

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    Comments
         
    by: Marcus Aurelius II from: NJ USA
    January 28, 2016 11:35 PM
    All of this may become moot a year from now if a Republican is elected President. He will tear up Obama's deal and the sanctions will be back on. The US still has enough clout to bend any country to its will or destroy them economically too. Don't count your chickens too soon France. They may wind up in a pot of boiling water becoming chicken soup.

    by: Anonymous
    January 28, 2016 2:45 PM
    This is funny. The French have never abided by any UN imposed sanctions. They sell weapons and technology to any other nation rogue or not, if the price is right. When it comes to international trade, the French are all about the money. Principles are secondary and negotiable.

    by: WorldView from: USA
    January 28, 2016 2:08 PM
    This article fails to mention that the so-called "opposition" consisted of the crazy zombies from the terrorist group MEK, which is essentially headquartered in France.

    by: Godwin from: Nigeria
    January 28, 2016 2:03 PM
    Rouhani should be wary of the latest interest in Iran by western countries, proxies of USA. There’s also news USA wants to normalize relations with Iran. Can anyone put a finger to any reason why USA wants this if not to spite Russia and take power blocs to itself, having taken Europe already? USA didn’t just wake up and for nothing becomes father-Christmas to donate peace to Iran? It’s the same reason it’s drawn Cuba, engage in clandestine moves to capture Venezuela.

    It’s not oil politics, USA has enough reserve plus shale oil; its Mideast proxies – Saudi-Arabia/Kuwait/Qatar can boast of more than half the global reserve of crude oil. However the latest diplomatic somersault of capturing Iran is anchored on Iran’s industrial and economic proximity against derivative-based Saudi-Arabia becoming disadvantaged with crude oil and sunni-muslim extremism and terrorism.

    Iran is also a terror exporting country with industrial economy, but linked with Russia, tends to prolong the White House’s projection of the total collapse of not just the Soviet bloc but Russia. As Muslims see world-peace as when there’s no Israel, USA thinks world-peace when there’s no Russia. So western/USA peace with Iran may simply mean to remove another Russian ally.

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