IRNA - French envoy to Iran says the US sanctions have not only hurt Iran but also French companies. We plan to remove all barriers on Iran because it will help Iran and French companies and what happens is that such sanctions hurt both Iranian and French firms, French Ambassador to Iran Philippe Thiebaud told IRNA on Sunday. He added that Paris ...

Reuters - A Paris court fined French oil and gas group Total (TOTF.PA) 500,000 euros ($570,000) on Friday for bribing foreign public officials in a case related to Iranian contracts in 1997. Total, was charged with paying $30 million under the cover of a consultancy contract to facilitate a deal for the South Pars gas field more than two decades ...

Reuters - French state-owned bank Bpifrance has abandoned its plan to set up a mechanism to aid French companies trading with Iran, in the face of U.S. sanctions against Tehran. Earlier this year, the bank had said it was working on a project to finance French companies that wished to export goods to Iran despite U.S. sanctions. Its put on hold,...

IRNA French Foreign Minister Jean-Yves Le Drian stressed the need for preserving trade ties with Iran, saying that this is an important issue. The European Union is trying to find ways to maintain oil and banking ties with Iran after the second phase of US sanctions begins in in November and Le Drian said it was important to find ways to keep the ...

Bourse and Bazaar | AFP: Multinational companies aren't the only victims of new US sanctions against Tehran: farmers and ranchers in the Normandy region of France hoping to supply Iran with thousands of cattle each year have also seen their path to a huge new market blocked. The deal with one of Iran's biggest meat processing groups was signed in ...

Reuters - France will start offering euro-denominated loans to Iranian buyers of its goods later this year, to help trade flourish outside the reach of U.S. sanctions, the head of state-owned investment bank Bpifrance said. France has been looking to boost trade with Iran ever since Paris, Washington and other world powers agreed in 2015 to lift ...

July 18, The Iran Project Afterthe July 2015 nuclear agreement, France has been leading the European countries in having relations with the Islamic Republic of Iran. Although many world countries were keen to have economic relations with Iran in post-sanctions era, France, under the presidency of Emmanuel Macron, has increased bilateral exchanges ...