The Monies and Deals that Flowed into Iran, People Swap

  1. Why does France want to keep the Iran nuclear deal? Rohani et Macron au téléphone: promotion des relations ...French exports to Iran for the first 11 months of 2017 rose 120% to €1.29 billion ($1.6 billion) and imports grew 80 % to €2.16 billion,” Celestin-Urbain said.

    “The short-term priority was to keep trade simple and complete a scheme this year to offer euro-denominated credits to Iranian buyers of French goods,” he said, a move that would keep bilateral trade outside the reach of US sanctions.

    The head of state-owned investment bank Bpifrance, which is putting the plan together, said he was confident the scheme, which had a pipeline of deals worth €1.5 billion, could start operating by end-May or early-June. However, he warned that talks were ongoing on how to protect French firms if the US snapped back sanctions.