- As the largest Iranian automobile manufacturing company, Iran Khodro has inked an agreement with Oman to set up production lines in the Duqm free zone. According to this deal, the Omani part, i.e. the Oman’s government and private sector, will be responsible for financing 80% of the total investment while Iran Khodro’s 20% share will be in the form of technical and engineering services and technology.
- According to Mohamad-hasan Habibollah Zade, Iran has started the process to join the World Trade Organization now that the international sanctions and political objection are removed.
- In a meeting, hosting President Rouhani, the French Prime Minister, and French MEDEF union, an agreement was signed between the Iranian Mines and Mining Industries Development and Renovation, also known as IMIDRO, and the French FIVES in the aluminum industry in Paris.