Al Monitor |Ali Dadpay: Irans auto industry is only second to its energy sector, accounting for some 10% of the gross domestic productand 4% of employment. Showcasing the Islamic Republics efforts to become an industrial economy, it is protected by high tariffs on car imports. However, it is time to ask who benefits most from these tariffs. Indeed,...
Daily look at Irans late-breaking news and upcoming events:
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Iranand Saudi Arabia, which back opposite sides in Syrias war, are among more than 30 countries slated to attend a peace conference next month, diplomats said.
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The French car industry is in line for a cash windfall as well as the opportunity to reclaim its once dominant standing in the Iranian market following athawing of relations between Tehranand the international community.
Renaultwas selling nearly 100,000 cars a year in Iran before sanctions came into force in 2012, but was forced to leave around 200m ...
TEHRAN (FNA)- A large number of giant oil firms, specially France's Total and its rivals in Europe, have shown their resolve to resume operations and investments Iran, Deputy Oil Minister for International and Commercial Affairs Ali Majedi said Sunday.
Majedi pointed to the French President Francois Hollande's recent statement that he will work ...
PARIS/DUBAI, Nov 28 (Reuters) - Peugeot and Renault are among Western firms sending executives to an automotive conference that opens inIranon Saturday - firing the starting gun on a more overt race for post-sanctionsbusiness.
The French carmakers are poised to resume vehicle sales in Iran, using a six-month easing of trade restrictions to reclaim ...