Iran urges U.S to unblock aircraft deals seeks investors - STUDENTMALAR

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Iran urges U.S to unblock aircraft deals seeks investors

Iran provisionally agreed earlier this year to buy over 200 jets worth $50 billion at list prices from Airbus and Boeing under an agreement between Tehran and world powers to ease sanctions in exchange for curbs on Iran's nuclear activities.

Both deals hinge on a longer-than-expected process of winning U.S. Treasury approval, which is needed because of the high proportion of U.S. parts in virtually all modern jetliners, including those made by Europe's Airbus.

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