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January 28th, 2016 
Awake Goy French car maker returns to Iran after four-year absence as sanctions lifted
PARIS— PSA Peugeot Citroën on Thursday signed a deal with Iranian manufacturer Iran Khodro to start a joint venture that will produce cars in the Middle Eastern nation, marking a return to the country for the French car maker after a four-year absence.
The deal, long anticipated since Iran and the West signed a historic nuclear deal last year, comes just one week after economic sanctions were lifted against the Middle Eastern country. The contract, along with several other major business deals between Iran and France, was signed at a special ceremony with Iranian President Hassan Rouhani in Paris.
“We are coming in hopes of a very long-term relationship,” said Carlos Tavares, chief executive at Peugeot. “We will be present in this country in a very profound manner.”
Source Article from http://theiranproject.com/blog/2016/01/28/peugeot-signs-car-deal-with-iran-khodro/
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