Iran wants to receive more than 200 million euros in compensation from Peugeot

Iran wants to receive more than 200 million euros in compensation from Peugeot

The Director General of Iran's Khodro Industrial Group (IKCO), Hashem Zareh, stated that the French car manufacturer Peugeot-Citroen PSA should pay Iran compensation amounting to more than 200 million euros.

According to him, the issue of compensation is specified in the recently signed agreement with Peugeot.

Earlier, the Minister of Trade and Industry of Iran, Mohammad Reza Nematzade, informed that Peugeot is obliged to compensate for the losses Iran suffered due to the company violating its previous commitments.

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