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Despite nuclear deal, EU firms still cautious on Iran

Despite the lifting of nuclear-related sanctions on Iran, European firms remain cautious about seriously re-entering the Iranian market during the current wait-and-see period.

Hashem Yekkeh-Zareh, the CEO of industrial group Iran Khodro (2-R) and the head of French car manufacturing giant PSA group, Carlos Tavares (2-L), attend a press conference at the Iran Khodro Industrial Group showroom in the Iranian capital Tehran, on October 5, 2016. / AFP / ATTA KENARE        (Photo credit should read ATTA KENARE/AFP/Getty Images)
Hashem Yekezare, the CEO of industrial group Iran Khodro (2-R), and Carlos Tavares (2-L), the head of French car manufacturing giant PSA group, attend a press conference at the Iran Khodro Industrial Group showroom in Tehran, Iran, Oct. 5, 2016. — ATTA KENARE/AFP/Getty Images

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