Boeing Receives US Licence To Sell Planes To Iran
Umer Jamshaid Published September 22, 2016 | 02:20 AM
NEW YORK, (APP - UrduPoint / Pakistan Point News -22nd Sept,2016) - Boeing said Wednesday it obtained a US government licence to complete a sale of planes to Iran Air, moving closer to the first such deal since the 1979 Islamic revolution.
The aerospace group said it remained in talks with Iran Air on a final sales agreement after the two sides reached a preliminary deal in June. The deal is valued at as much as $25 billion. "Any final sales agreement would have to adhere to the license we've been issued," said Boeing spokesman Mark Sklar.
The June memorandum of understanding covered the sale of 80 planes to Iran Air. Boeing will also lease 29 other planes to Iranian national carrier under the deal. Additional sales would require another license, said a person familiar with the matter.
Earlier Wednesday, Airbus announced that it obtained a first licence from the United States to supply passenger jets to Iran, a key step towards fulfilling a multi-billion-dollar deal of its own.
Iran had been an international pariah prior to the nuclear deal reached last year with world powers and the US-Iran relationship remains one of mutual distrust, with the US maintaining extensive sanctions on the Islamic republic.
Boeing's deal with Iran drew scorn from some on Capitol Hill. Lawmakers on a panel in the House of Representatives enacted a measure to block the sales, but it did not win support in the full Congress.
Related Topics
Recent Stories
Punjab CM Maryam inaugurates initiative of field hospitals
PM Shehbaz constitutes committee to investigate caretaker govt’s wheat import ..
Women T20I: Pakistan to face West Indies in fourth match tomorrow
Pak-UK 6th Regional Stabilization Conference underway at NDU, Islamabad
World Labor Day being observed today
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 1 May 2024
Today Gold Rate in Pakistan 01 May 2024
Govt reduces petrol price by Rs5.45 per litre
Pakistan’s Ambassador to UAE meets Ruler of Ras Al Khaimah
Statement of Engro Corporation - LNG Case Decision
Wasim Akram touches fans’ hearts by new look
Empowering women for employment is the need of hour, says Sadaffe Abid
More Stories From World
-
In-form Aubameyang aiming to fire Marseille to Europa League final
21 minutes ago -
Clashes at UCLA campus around pro-Palestinian protests: US TV
51 minutes ago -
Blinken urges Hamas to agree Gaza truce as he meets Israel leaders
1 hour ago -
Staff 'posed' as patients during Australian minister's clinic tour
1 hour ago -
Georgia pro-EU protesters erect barricades outside parliament after crackdown
2 hours ago -
In-form Aubameyang aiming to fire Marseille to Europa League final
2 hours ago
-
Paris dream of swimming in the Seine finally within reach
2 hours ago -
DR Congo police fend for themselves after peacekeepers quit UN base
2 hours ago -
Judge threatens Trump with jail over gag order violations
2 hours ago -
Do svidaniya! Finland's fading interest in Russian language
2 hours ago -
Vacant homes in Japan hit record 9 mln
3 hours ago -
Senegal tapestry production finds new lease of life
3 hours ago