FILE PHOTO: The logo of French Public Investment Bank (BPI) is seen on the BPI headquarters at Maisons-Alfort near Paris March 16, 2015. REUTERS\/Charles Platiau\/File Photo<\/p><\/div>\n

But many banks have stayed away for fear of inadvertently breaking remaining US sanctions, which could lead to huge fines.<\/p>\n

Because the BPI has no operations abroad, notably in the United States, it is not exposed to possible fines for US sanctions breaches.<\/p>\n

US President Donald Trump has created new uncertainties over the US stance towards the Iran nuclear agreement. Trump told reporters this week that he had made a decision on what to do about the agreement but would not say what he had decided.<\/p>\n

Several Franco-Iranian deals were announced during Iran President Hassan Rouhani\u2019s official visit to Paris in January last year. These included a joint venture between carmakers PSA Peugeot Citroen (PEUP.PA) and Iran Khodro as well as plans for Iran to buy Airbus (AIR.PA) aircraft to update its ageing fleet.<\/p>\n

There were also deals in the oil, shipping, health, agriculture and water sectors.<\/p>\n","protected":false},"excerpt":{"rendered":"

Bpifrance, the country\u2019s state investment bank, will finance investment projects of French companies in Iran from 2018, granting up to 500 million euros ($598 million) in annual credits, its CEO said in a newspaper interview on Sunday. \u201cExcluding a force majeure case, we will be on their side in early 2018. We are the only…<\/p>\n","protected":false},"author":1,"featured_media":10291,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[1],"tags":[1421,136,1422],"_links":{"self":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts\/10289"}],"collection":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/comments?post=10289"}],"version-history":[{"count":0,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/posts\/10289\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/media\/10291"}],"wp:attachment":[{"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/media?parent=10289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/categories?post=10289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iranthisway.com\/wp-json\/wp\/v2\/tags?post=10289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}