Iran deal will lift sanctions on automotive trade

November 28, 2013

The accord signed last week between Iran and six other countries designed to curtail the former’s nuclear programme involves the lifting of certain restrictions on the trade of vehicles and automotive parts, which could be of particular advantage to carmakers with previous links to the country, including Renault, PSA Peugeot Citroën and Kia Motors. The announcement also bodes well for business amongst transport and logistics providers active in the region.

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