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French delegation to visit Iran to enhance exports

byCustoms Today Report
14/09/2015
in Uncategorized
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PARIS: A French delegation, including the representatives of 130 largest companies of this country, including Total and Peugeot, will visit Iran.

The visit organized by the Movement of the Enterprises of France (MEDEF) will be made on September 21-23.

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French Minister of Agriculture and Minister of Trade will also arrive. French companies, including Total and Peugeot, left the Iranian market in 2011 after imposing the sanctions against Tehran.

According to the French foreign ministry, in 2011 the export of Iranian goods to France amounted to 1.77 billion euros. But this figure reduced up to 62 million euros in 2013.

France’s exports to Iran for this period decreased from 1.66 billion euros to 494 million euros.

According to Iran’s media, despite the international sanctions, many French companies kept the long-term trade relations with Iran.

A representative French delegation, headed by Foreign Minister Laurent Fabius visited Tehran in July 2014.

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