December 11, 2016 5:52 PM

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Iran signes contract to buy 80 Boeing planes from US firm

Iran today finalised an agreement to buy 80 planes from US firm Boeing. CEO of the National Carrier, Mr.Farhad Parvaresh, signed the contract with Boeing officials in Tehran.<br/><br/>Earlier, Washington lifted many of its sanctions on Iran in line with a nuclear agreement that came into effect in January, however, many restrictions have remained in place that mean companies trading with Tehran must have explicit approval from the White House. <br/>

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