PARIS – The Iranian government has won a diplomatic victory in its negotiations with French auto maker Renault SA over a joint venture project to build the entry level Renault Logan small car in Iran. Minister of Industry and Mines Ali-Reza Tahmasebi suspended the project between Renault and government-owned auto makers Iran Khodro Co. and the Saipa Group on April 18. At issue was Renault’s objection to exporting 20% of the Iranian output, because it would have no control over obstacles, ...
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