Iran signs its biggest-ever car deal with France’s Renault

Iran’s official news agency says two Iranian companies have signed the country’s biggest-ever car deal with French multinational automobile manufacturer Group Renault to produce 150,000 cars, beginning in 2018.

The Euro €660 million or $778 million deal follows the lifting of international sanctions after Iran’s 2015 nuclear agreement with world powers.
Important Takeaways from above News-
  • Emmanuel Macron is present President of France.
  • Tehran is the capital of Iran.
  • Hassan Rouhani is the current President of Iran.
Source- The Washington Post

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