Boeing signs sales agreement with Iran Air - News Summed Up

Boeing signs sales agreement with Iran Air


The overall size of the proposed Boeing sale to Iran remains unclear. However, the long-standing enmity between the U.S. and Iran, as well as other sanctions, still could complicate any agreement — even after last year's nuclear deal. However, American lawmakers have warned Boeing not to do business there as the Iran deal remains a hot topic in the ongoing presidential election. Since the nuclear deal, Iran also has conducted ballistic missile tests, launched rockets near U.S. warships in the Persian Gulf and briefly captured 10 American sailors. Boeing issued a statement to the Associated Press saying that it signed the Iran Air agreement "under authorizations from the U.S. government following a determination that Iran had met its obligations under the nuclear accord reached last summer."


Source: Los Angeles Times June 21, 2016 12:38 UTC



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