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Iran, France ink agreement over "L-90" auto joint venture
Iran Republic News Agency ^ | March 17, 2003 | IRNA

Posted on 03/17/2003 8:59:31 PM PST by stilts

Tehran, March 17, IRNA -- Iran's Industrial Development and Renovation Organization (IDRO) and French car maker Renault here on Sunday evening signed an agreement to launch the first phase of a platform to produce a new automobile in Iran.

IDRO's Director General Reza Veisseh, talking to reporters on the sidelines of a ceremony to conclude the agreement, said the platform was a joint venture project to produce cars named "L-90", stressing that the agreement would be finalized in four months.

Veisseh said the IDRO had entered the venture with Renault on a participation ratio of 51 to 49.

He said the project was expected to produce between 300,000 to 500,000 L-90s in the next Iranian calendar year of 1382 (starting March 21), stressing that the cars would be all LNG-fueled.

Veisseh said the project, to be completed in several phases, would develop Iran's automobile industry, stressing that the products would be presented to both domestic and the target markets of the project.

He further said the IDRO was trying to develop Iran's technology to produce auto spare parts within the frameworks of the IDRO-Renault agreement, adding that this would boost Iran's exports in the area.

Renault president Louis Schweitzer, for his part, voiced the interest of his company to cooperate with Iran's automobile sector in pushing forward the modernization policy and promoting the technology of the sector.

He said IDRO and Renault share a strong determination to implement the "L-90" project, stressing that the success of the project would benefit both parties.

Schweitzer further expressed hope that the joint venture would be a beginning for a lasting cooperation between Iran and France in the automobile sector.


TOPICS: Extended News; Foreign Affairs; News/Current Events
KEYWORDS: france; iran; renault
Guess which country Chirac is going to the wall for next?
1 posted on 03/17/2003 8:59:32 PM PST by stilts
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To: stilts
France would sell Iran a working nuclear reactor, but they already are getting one, from Russia.

Russia & France are the arsenals of Islamofascism. They need to be shut down!
2 posted on 03/17/2003 9:03:02 PM PST by tomahawk
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To: stilts
"And after this successful venture, we would be happy to build you a nuclear reactor so that you can produce weapons to kill the infidel"
3 posted on 03/17/2003 9:03:46 PM PST by spyone
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To: stilts
France is really trying to get to the top of our list. While on the way to N. Korea.....I hope we find all paper trails detailing what France has done for Saddam for twenty years. Then print in everywhere.
4 posted on 03/17/2003 9:41:20 PM PST by LaGrone
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To: stilts
oh yeah, this is what the world needs now, an Iranian Renault. Just the thing.....
5 posted on 03/17/2003 10:34:28 PM PST by TexanToTheCore
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To: TexanToTheCore
It isn't just Renault, but Nissan and Peugot, and then the tires that are sold and replacement tires.

A list of French companies and their products to avoid for the rest of this decade. Please keep this list and send it to your relatives, friends and fellow conservatives via e and snail mail!

*New additions to the list thanks to Freepers. If you have an addition, Freepmail me with the URL showing French ownership.

Air France
Air Liquide
Airbus
Alcatel - Based in Paris France
Allegra (Allergy Medication) - Produced by Aventis Pharmaceuticals based in Strasbourg, France
Aqualung (Including: Spirotechnique, Technisub, US Divers, and SeaQuest)
AXA Advisors
Bank of the West - Owned by BNP Paribas
Beneteau (boats)
BF Goodrich - Owned by Michelin
BIC (Razors, Pens & Lighters) - Started in 1945 by Marcel Bich. Originally based just outside of Paris. Began trading on the Paris Stock Exchange in 1972. 40.5% Publicly traded. Bich family still owns 33.5%.
Biotherm (Cosmetics)
Black Bush
Bollinger (Champagne)
*Browning Firearms**
Car & Driver Magazine
Cartier
Chanel
Chivas Regal (Scotch)
Christian Dior
Club Med (Vacations) - Owned in part by Paris based CDC (Caisse des Dépôts
et Consignations)
Culligan (owned by Vivendi)
Dannon (Yogurt & Dairy Foods)
*Decatholon Super Sport Stores or MVP Sport Stores*
* Dassault Systemes-(CATIA design software)*
DKNY - LVMH acquired 100% of Gabrielle Studio Inc., the privately owned licenser of Donna Karan trademarks back in 2001.
*DMC THREADS
Dom Perignon
Durand Crystal
Elle Magazine
*Emile Henry French Cookware
*Enertec makes high speed recorders used in Recon aircraft
Essilor Optical Products
Evian
Fina Gas Stations
Fina Oil - Billions invested in Iraqi Oil fields
First Hawaiian Bank
George Magazine
Givenchy
*Grey Goose Vodka
*Groupe Shneider, owner of Modicon and Square D
*Guerlain Fragrances
Hennessy
Houghton Mifflin (books)
International Herald Tribune - 181 ave Charles-de-Gaulle - F-92521 Neuilly - FRSource:World Business Council for Sustainable Development '00 [Domain Registration], [Corporate Profile]
Jacobs Creek - Owned by Pernod Ricard since 1989
Jameson (wiskey)
Jerry Springer (talk show)
Krups (coffee and cappaccino makers)
Lancome
Le Creuset (Cookware)
L'Oreal (Health & Beauty Products)
Louis Vuitton
Marie Claire
Martel Cognac
Maybelline
Méphisto (Footwear & Apparel)
Michelin (Tires & Auto Parts) - Their phone number is: (33) 1 45 66 15 53 in France
Mikasa Crystal and Glass (purchased by ARC int'l in 2001)
Moet (Champagne)
Motel 6 - 33, Avenue du Maine- 75755 Paris Cedex 15 France
Motown Records
MP3.com
Mumms (Champagne)
Nissan (Cars) - Majority owned by Renault
Nivea
Normany Butter
Parents Magazine
Peugeot (Automobiles) - Pronounced "Pooh Joe", must be French
Pierre Cardin
Playstation Magazine
ProScan - Owned by Thomson Electronics, France
Publicis Group (Including: Saatchi & Saatchi Advertising)
RCA (televisions & electronics) - Owned by Thomson Electronics, France
Red Magazine
Red Roof Inns - Owned by the Accor group based in France
Renault (Automobiles)
Road & Track Magazine
Roquefort Cheese - All Roquefort cheese is made in France
Rowenta (Toasters, Irons, Coffee makers, etc)
Royal Canadian
Salomon (Skis)
Seagram's Gin
Sierra Software and Computer Games
Sofitel (Hotels) - Owned by the Accor group based in France
Sparkletts (Water) - Owned by Danone, based in France
Spencer Gifts
Sundance Channel
Taylor Made (Golf)
Technicolor
T-Fal (Kitchenware)
The Glenlivet (Scotch
Total Gas Stations
UbiSoft (Computer Games)
Uniroyal
Uniroyal Tires - Owned by Michelin
Universal Studios (Music, Movies & Theme Parks) - Universal Studios is owned by Vivendi-Universal, headquartered in Paris France
USFilter
Veritas Group
Veuve Clicquot Champagne
Vittel
Vivendi - Vivendi Headquarters, Paris France
Wild Turkey (bourbon)
*Winchester Firearms (US Repeating Arms)**
Woman's Day Magazine
Yoplait - France-based Sodiaal owns a 50% stake of Yoplait
Yves Saint Laurent
*Yves Rocher Cosmetics
*ZigZag (tobacco papers and roller products)*
Zodiac Inflatable Boats

6 posted on 03/17/2003 11:44:49 PM PST by Grampa Dave (Stamp out Freepathons! Stop being a Freep Loader! Become a monthly donor!)
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To: stilts
If we think Chiraq is going ape now, wait til we have Iraq secure and well on the way to democracy.

Boy this next one will be really fun to watch. Remember who sheltered the orginal big daddy of terrorism? The Ayatollah Khomeni? Odds on France is filthy with Iran also.

What the Fkk has France done and been doing to the world?

Socialism is the Nazism of the 21st Century!(Islam too of course)
7 posted on 03/17/2003 11:52:50 PM PST by Stopislamnow (Because tomorrow we'll all be dead and won't be able to)
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