Volkswagen has American pressure, stop doing business in Iran
Volkswagen
Washington - Egypt Today
Volkswagen has bowed to American pressure stemming from the US rejection of the multi-party nuclear deal and will end almost all business in Iran, Bloomberg News reported on Wednesday.
The accord was reached on Tuesday after weeks of talks between the German auto giant and the administration of President Donald Trump, said Richard Grenell, the US Ambassador to Germany, according to Bloomberg.
VW will still be able to do some business in Iran under a humanitarian exception, Bloomberg added.
In May, Trump pulled the US out of the deal it reached with Iran and five other countries in 2015. That accord lifted sanctions against Tehran in exchange for restrictions on its nuclear program.
Now, the US is reimposing those sanctions.
Bloomberg said VW has scrapped plans it announced in July last year to sell cars in Iran for the first time in 17 years.
GMT 17:58 2017 Monday ,21 August
China's Great Wall Motor plansGMT 11:51 2017 Monday ,09 January
Detroit braces for Trump tweetsRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 18:26 2018 Friday ,14 December
Mashrou’ Leila headline Apple event in DubaiGMT 10:00 2012 Monday ,16 January
Iranian press festival for Muslim women opens
GMT 20:46 2018 Wednesday ,05 December
World Bank funds water projects in North Kordofan State
GMT 10:51 2017 Sunday ,20 August
Steve Bannon resigns as White House chief strategist
GMT 11:31 2017 Saturday ,11 November
MEDays Forum panel looks to spur economic growth
GMT 20:53 2018 Friday ,30 November
40 Houthi rebels killed in clashes with Yemeni gov't forces
GMT 06:49 2018 Tuesday ,23 October
"Tbilisi Fashion Week" Spring Summer 2019 ended
GMT 14:40 2018 Friday ,05 October
Hong Kong declines to renew visa of Financial Times journalist
GMT 12:24 2018 Friday ,28 September
Al Sissi urges restart of Mideast peace talks
GMT 10:44 2018 Wednesday ,26 September
Venezuelan president Maduro says ready to meet Trump
GMT 11:20 2018 Saturday ,20 January
China sees births fall despite push
GMT 19:48 2017 Monday ,02 October
Egypt's Wali in Amman for Arab meeting
GMT 14:15 2017 Wednesday ,20 December
47 ships transit Suez Canal
GMT 09:50 2017 Thursday ,14 December
Heads for Moscow for Egypt-Russia flight resumption
GMT 14:43 2017 Tuesday ,12 December
Celtics turn tables on Pistons, Oladipo shines
GMT 11:52 2017 Wednesday ,15 November
Boeing announces $27bn order from flydubai
GMT 04:26 2017 Thursday ,02 March
Balqees, Assaf to take stage at Dubai Lynx
GMT 21:10 2017 Thursday ,04 May
Hegazy inspects educational process at NCOs institute
GMT 14:23 2018 Monday ,10 December
Settlement plan to link center of Israel with the Palestinian Jordan Valley
GMT 17:59 2018 Friday ,16 November
Funeral Prayer for Khashoggi Performed at Prophet Mosque
GMT 14:51 2018 Thursday ,15 November
Volkswagen expects challenging Chinese car market in 2019
GMT 12:29 2018 Thursday ,15 November
Dubai Tourism to inaugurate ‘HITEC Dubai 2018’
GMT 16:06 2018 Tuesday ,06 November
Drug-resistant bugs claim 33,000 lives a year in Europe
GMT 12:59 2018 Thursday ,25 October
Kremlin amused at report about Russian intelligence agencies tapping Trump’s phone
GMT 08:42 2018 Tuesday ,16 October
North Korea slams US for ‘evil’ sanctions push
GMT 07:54 2018 Sunday ,14 October
Egypt keen on cooperating with UN to achieve 2030 Sustainable Development
GMT 13:34 2017 Saturday ,22 July
Sisi raises Armed Forces flag on the Military Base
GMT 09:32 2017 Sunday ,13 August
Huge explosion hits Daesh site in Iraq
GMT 01:32 2017 Saturday ,15 April
Russia's Putin earns about 157,000 USD in 2016
GMT 10:35 2017 Saturday ,16 September
Clashes renewed between Houthi militias and Saleh’s forcesGMT 04:07 2011 Tuesday ,26 July
Norway gunman claims active network at court hearing
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor