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U.S. firms eager to sell to Iranians after sanctions lifted

by Zamaneh Media
October 31, 2014
in Latest Articles
Reading Time: 1min read
0
U.S. firms eager to sell to Iranians after sanctions lifted

Apple, Boeing and General Electric are prepared to officially enter the Iranian market as soon as international sanctions against the country are lifted.

According to The Wall Street Journal, the three companies have already entered preliminary talks for offering iPhones and spare parts in Iran. American companies have not been officially part of the Iranian market since the 1979 hostage crisis.

The recent talks between Iran and the 5+1, which have also entailed direct talks with U.S. officials, are opening new doors for these companies, and they appear more than ready to use them.

Boeing has announced that it has already entered into agreements with Iran for the sale of airplane spare parts, which is their first official agreement since 1979.

Boeing and GE have been allowed by special permission from the U.S. Treasury to enter into agreements with Iran for the sale of spare parts. That permission came after an interim deal was reached between Iran and the 5+1 last November in Geneva.

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