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PSA to create JV with Iran Khodro

On january 28,  during President Hassan Rouhani's state visit to Paris, PSA Peugeot Citroën and Iran Khodro signed a 50/50 joint venture agreement to produce latest-generation vehicles in Iran.
The joint venture is expected to invest up to EUR 400 million over five years for manufacturing and R&D capacity to assist ....

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