Media: France and Iran signed trade agreements worth €15 billion

Media: France and Iran signed trade agreements worth €15 billion


PARIS, January 28. /Corr. Sergey Shcherbakov/. The total volume of contracts signed on Thursday, France and Iran on the occasion of the state visit to Paris, Iranian President Hassan Rouhani, is €15 billion, reported French media, citing sources in the Elysee Palace.

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In total following the results of negotiations with Rouhani French President Francois Hollande, which lasted more than two hours, signed about 20 agreements. We are talking about cooperation in such sectors as health, tourism, light industry, transport.

Earlier, the head of the French Total Patrick Pouyanne said that the Corporation plans to buy the partners of Iranian crude oil. “In the field of crude oil trading we plan to sign with Iran a contract that will allow us to procure from 150 thousand to 200 thousand barrels per day,” said CEO of Kret.

In this respect, Rouhani, speaking at the French Institute of international relations (IFRI), said that the current situation in the oil market will change in the foreseeable future. “Today the oil price is low. I don’t think it will last long. Pressure on oil-producing countries will lead to the return of balance in the short term,” he said.

As it became known from sources in the Iranian delegation that Tehran will buy more than 100 Airbus passenger jets. The deal is for 10 years, but most of the ships Iran is badly in need of updating its aircraft fleet, will receive up to 2020. While the total cost of the contract negotiated by the parties.

Iran is a “tidbit” for French automakers. So, the concern Peugeot Citron announced that it will establish a joint venture with the Iranian company Iran Khodro. Under the agreement, the JV will start operation in 2017, the production line of the company each year will go 200 thousand cars. The production will be launched three models of the Peugeot 2008 and 208 and 301. At least 40% of machine parts are produced in Iran.