Air­bus team in Iran to fi­nal­ize plane deal

Kuwait Times - - BUSINESS -

Air­bus del­e­gates have ar­rived in Tehran for talks aimed at fi­nal­is­ing a deal to sell around 100 planes, an Ira­nian of­fi­cial said Mon­day.

The rep­re­sen­ta­tives of the Euro­pean aerospace gi­ant ar­rived on Sun­day just hours af­ter na­tional car­rier Iran Air con­cluded a $16.6 bil­lion deal with US firm Boe­ing to buy 80 planes.

“An Air­bus del­e­ga­tion has ar­rived in Tehran,” said As­ghar Fakhrieh Kashan, deputy min­is­ter for trans­port.

“We have started ne­go­ti­a­tions and if there are no prob­lems, we will sign the agree­ment within a week for the pur­chase of around 100 planes,” he said. Mean­while, some con­ser­va­tives in Iran re­acted an­grily to news of the deal with Boe­ing, which comes at a time when law­mak­ers in Wash­ing­ton have re­cently voted for re­newed sanc­tions on the coun­try.

Iran says the re­newal of sanc­tions, which Pres­i­dent Barack Obama is ex­pected to ap­prove in the com­ing days, is a breach of the nu­clear deal it signed with world pow­ers last year. “60 tril­lion tomans: Iran’s gift to the US for vi­o­lat­ing the JCPOA (nu­clear deal)”, read yes­ter­day’s head­line on the hard­line Ja­van news­pa­per. But Iran has been des­per­ate to ac­cess new planes and parts af­ter decades of eco­nomic iso­la­tion has left it with one of the world’s worst avi­a­tion safety records.

Both Boe­ing and Air­bus, which man­u­fac­tures some of its parts in the United States, were granted spe­cial per­mis­sion from the US Trea­sury in Septem­ber to go ahead with deals in Iran. —AFP

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