Deal to be Done Thursday for Peugeot to Return to Iran

by Naharnet Newsdesk 27 January 2016, 18:10

A deal which will see French carmaker Peugeot return to the Iranian market will be signed Friday during the visit to France of Iranian President Hassan Rouhani, a French government source said.

Peugeot and its French partner Citroen will work with Iran's Khodro to produce 200,000 vehicles a year using parts manufactured in Iran.

Source: Agence France Presse

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