Iran Air has signed an agreement to buy aircraft from Chicago-based Boeing Co., the first major American company to make a deal in the Islamic Republic since the last year’s landmark nuclear agreement, which lifted international sanctions.
Here’s a look at other major deals signed since the agreement was reached with world powers:
AIRBUS
The European aircraft manufacturer sold 118 planes to Iran, a deal estimated to be worth $25 billion.
ATR
The French-Italian aircraft manufacturer sold 20 ATR 72-600 passenger planes to Iran Air, a deal Iran’s private Donya-e Eghtesad daily newspaper described as being worth over $1 billion.
DANIELI GROUP
The Italian metals industry concern signed $6.2 billion in deals to supply machinery and install steel and aluminum plants in Iran.
GAVIO
The Italian construction and infrastructure group signed agreements worth up to $4.5 billion for projects including railways.
PEUGEOT-CITROEN
The French carmaker on Tuesday finalized a joint venture agreement expected to invest up to $450 million over the next five years in manufacturing and research efforts in Iran.
SIEMENS
The German company signed a memorandum of understanding to provide $1.6 billion in transportation equipment and services to Iran.
The Province contributed to this report
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