Peugeot eyes Iranian manufacturing return

Posted on 17 Jul 2015 by Michael Cruickshank

French carmaker PSA Peugeot Citroen is reportedly examining a possible re-establishment of manufacturing in Iran.

The company is the first of many major corporations in the western world who are looking to take advantage of the recent Iranian nuclear deal. This deal, struck on Tuesday, calls for the immanent lifting of economic sanctions on Iran, opening the door for all kinds of business opportunities. In an emailed statement, Peugeot’s director…

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