French carmaker Renault will maintain its presence in Iran while taking measures to avoid the risk of penalties for breaching renewed U.S. sanctions, its CEO Carlos Ghosn said Friday, according to AFP.
"We will not abandon it, even if we have to downsize very strongly," he said at the annual shareholders' meeting in Paris.
(Arutz Sheva’s North American desk is keeping you updated until the start of Shabbat in New York. The time posted automatically on all Arutz Sheva articles, however, is Israeli time.)
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