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June 5, 2018       Share:    

Source: https://www.ft.com/content/2ca0f746-6816-11e8-b6eb-4acfcfb08c11

France's Peugeot to Suspend Iran Joint Ventures

(Financial Times-UK) David Keohane - PSA, owner of the French carmaker Peugeot, said it had begun to suspend its joint ventures in Iran "in order to comply with U.S. law by August 6, 2018." The carmaker signed a joint venture in 2016 to invest 400 million euros in Iran by 2020.

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