PARIS – Renault SA's long-time plan to build its emerging-markets small car in Iran culminated this week with an announcement that it will form a joint venture with an Iranian consortium to build and sell the Dacia X90 car, known as the L90 in Iran. The agreement comes despite earlier concerns that the deal would be derailed by Western political tensions over Iran's nuclear policy. U.S. President George Bush, who has described Iran as an enemy of the West with nuclear bomb capability, ...

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