The mood has shifted since this time last year, when following the January 2016 lifting of sanctions trade delegations crammed Tehrans hotels as investor interest peaked. Now, with President Donald Trumpadding new sanctionsandexpressing frustration that his administration continues to find the Islamic Republic in compliance with the accord, the talk is of whether it can survive. Of critical importance will be the support flowing from other parties -- China, Russia, France, Germany and the U.K. -- whose companies have put up much of the money invested in Iran so far.
There is pressure coming from the business establishment in these countries to maintain access to the Iranian market,said Sanam Vakil, an associate fellow at Chatham HousesMiddle East & North Africa Program in London. At the same time, most of their governments recognize that marginalizing and isolating Iran is not in their interest, she said.
Here are some of the agreements-- final or preliminary -- reached in the last 18 months.
Energy and power
- Total SA along with China National Petroleum Corp. signed a 20-yearagreement valued at $5 billionto develop phase 11 of the South Pars offshore gas field.
- South Koreas SK E&C signed a 1.6 billion euro ($1.8 billion) preliminary agreement with National Iranian Oil Engineering and Construction Co. to upgrade the Tabriz refinery in northwest Iran.
- Turkeys Unit Internationalsigneda $4.2 billion deal with Irans energy ministry to build 7 natural gas plants throughout Iran
- Chinas Sinopec reached a $1.2 billionagreementwith National Iranian Oil Refining and Distribution Co. on development of phase 1 of the Abadan refinery in southwest province of Khuzestan.
- Royal Dutch Shell Plc signed anagreementto assess three of Irans largest oil and gas fields, including the Azadegan and Yadavaran oil fields near the Iraqi border.
- Switzerlands MECI Group Internationalsignedan agreement with Irans government to build a 750 million euro wind farm in northern Iran.
Transportation
- Renault SAsigneda 660 million euro pact with the Industrial Development & Renovation Organization of Iran and Parto Negin Naseh Co., an importer of Renault products, to set up a joint venture and boost car manufacturing in Iran.
- Volkswagen AG reached anagreementwith Irans Mammut Khodro to sell two car models, marking the companys return to the Iranian market after more than a decade.
- PSA Peugeot Citroen and long-time partner Iran Khodro signed ajoint venturecontract to invest 400 million euros to upgrade their auto plant. The French company also signed anagreementwith local manufacturer Saipa to invest 300 million euros in five years in manufacturing and R&D.
- Boeing Co. and Irans Aseman airline signed a $3 billionagreementfor 30 737 Max jets; the U.S. company also struck a $16.6 billion deal with national carrier Iran Air for 80 aircraft.
- ATRsealeda deal with Iran Air worth $536 million for 20 ATR turboprop aircraft.
- Airbus Group SE signed off on acontractwith Iran for 100 jetliners worth about $19 billion at list prices.
- Alstom SA, the Industrial Development & Renovation Organization of Iran and Iranian Rail Industries Development reached a preliminary agreement to build train and metro cars.
- Russias Transmashholding signed a $3 billion with the Industrial Development & Renovation Organization of Iran to jointly produce railway carriages.
- Siemens AGsigneda contract worth at least 1.5 billion euros to build rail coaches and upgrade tracks.
Industries
- Chinas CREC reached anagreementvalued at $2 billion with Iran Aluminium Co., known as Iralco, to start operations at a unit in Markazi province, south of Tehran.
Telecommunication
- MTN Group Ltd. agreed to buy a 49 percent stake in an Iranian state-owned internet provider for 540 million rand ($40 million), its also seeking to invest $750 million in an Iranian fiber-optic project.
