Monday, 27 April 2015

Iran’s Opening Beckons Peugeot to BAT as Western Brands Entice - Bloomberg Business

Iran’s Opening Beckons Peugeot to BAT as Western Brands Entice - Bloomberg Business:



"The end to Iran’s international isolation is attracting more than just energy firms.



Carmakers, aircraft and tobacco producers also make the list of companies that analysts from Natixis Securities SAS to Jefferies LLC say may invest in the nation if the April 2 agreement with world powers results in an end to penalties over its nuclear program.



While Total SA, BP Plc, Royal Dutch Shell Plc and Exxon Mobil Corp. all have assets and expertise that could be of use to Iran, holder of the world’s largest gas reserves and fourth-biggest oil reserves, there’s more to the $370 billion economy than hydrocarbons."



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