Trade Volume Exchanged between Iran and France at €4b in Post-JCPOA Era

French Ambassador to Iran François Sénémaud said that total trade volume exchanged between Iran and France in 2017 at four billion euro in post-sanctions period, the rate of which is equivalent to the same transaction volume before sanctions period.


Speaking in Kabul Industry Seminar, held in Tehran’s Azadi Hotel, in the presence of senior CEO of France’s Nexans and experts of various industrial sectors of Iran, he said, “French companies renewed their contracts with Iranian ones since two years, so that French companies made huge investment in
various sectors of oil, gas, pharmaceutical industries especially car manufacturing industry of Iran.”

French government is ready to expand its cooperation and interaction with the Iranian firms, he said, adding, “boosting trade and business cooperation strictly hinges on the very close cooperation of economic activists of the two countries.”

For his part, Chief of Industrial Development and Renovation of Iran (IDRO) Dr. Mansour Mo’azzami pointed to the considerable economic growth of country in recent years and said, “According to the Central Bank of Iran (CBI) and Statistical Center of Iran (SCI), Iran’s economic growth rate
hit about 4.5 percent in 2016, showing a bit higher than the world’s average level.”

He pointed to the amicable mutual economic cooperation between Iran and France in the recent years and said, “We have inked separate contracts with most prestigious French companies especially after a landmark nuclear deal inked between Iran and six world’s major powers.”