Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Kerry: France-Iran business trip 'not helpful'

05 February 2014, 20:28

Dubai - US Secretary of State John Kerry has told his French counterpart a trip to Iran by French business executives was "not helpful" and gave the wrong impression that Tehran was open for business as usual, a US official said.

Under an interim deal reached between Iran and six world powers last November, Tehran agreed to limit parts of its nuclear programme in exchange for the easing of some international sanctions.

The relaxation in penalties has triggered a race among Western firms to explore lucrative business opportunities. On Monday Iran welcomed more than 100 executives from France's biggest firms - Paris's most senior trade delegation in years.

"Secretary Kerry has talked directly to Foreign Minister [Laurent] Fabius about the trade delegation ... about how this is not helpful in this regard to ensure that in fact it is not business as usual," Under Secretary of State for Political Affairs Wendy Sherman told a hearing of US lawmakers in Washington on Tuesday.

"Tehran is not open for business because our sanctions relief is quite temporary, quite limited and quite targeted," she added.

No one at France's Foreign Ministry was immediately available to comment on Kerry's call with Fabius.

France, the euro zone's second largest economy, has for months vaunted what it calls an "economic diplomacy" drive to secure trade agreements with other countries. However the Iran trip was a private initiative spearheaded by Medef, the French employers' association.

The delegation on the 2-5 February trip met Mohammad Nahavandian, President Hassan Rouhani's chief of staff, and members of Iran’s Chamber of Commerce, Industries, Mines and Agriculture, IRNA said.

Among the companies represented were Safran, Airbus , Total, GDF-Suez, Renault, Alcatel, Alstom, and L'Oréal, a source close to the delegation said.

- Reuters


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...