Obstacles to Purchase of Passenger Planes to Be Removed Soon: Iranian Minister

Obstacles to Purchase of Passenger Planes to Be Removed Soon: Iranian Minister

TEHRAN (Tasnim) – Iran’s roads and urban development minister said Sunday that Tehran was complying with its obligations under the JCPOA, giving assurances that remaining obstacles put by the US in the way of global aviation giants to sell passenger aircraft to the country will be removed soon.

“We are negotiating with all those big names …there are a lot of obstacles but I am sure that because we have respected all the international rules and regulations, all those problems are going to be resolved," Abbas Akhoundi told the CAPA Aviation Finance Summit, Reuters reported.

Iran provisionally agreed earlier this year to buy over 200 jets worth $50 billion at list prices from Airbus and Boeing following the removal of anti-Tehran sanctions.

Later, the US House of Representatives in July passed two amendments that would stop the aircraft sales, although to become law they need to be approved by the Senate and signed by President Barack Obama.

The Iranian minister also said that CAPA proved that aviation was international in scope and "the US government cannot stand against it”.

The two-day CAPA Iran Aviation Finance Summit opened at Novotel Imam Khomeini International Airport on September 18 with the participation of business leaders and representatives of 150 aviation companies such as Airbus, Bombardier and Embraer.

While the Joint Comprehensive Plan of Action (JCPOA) - a lasting nuclear deal between Tehran and world powers- came into force in January, some Iranian officials have complained about the US failure to fully implement the accord.

Back in March, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei said Americans have yet to fulfill what they were supposed to do as per the nuclear deal.

Iran still has problems in its banking transactions or in restoring its frozen assets, because Western countries and those involved in such processes are afraid of Americans, the Leader said at the time, criticizing the US for its moves to prevent Iran from taking advantage of the sanctions removal.

Most Visited in Economy
Top Economy stories
Top Stories