Over €81m Worth of Airport Equipment Purchased Post JCPOA

EghtesadOnline: Iran Airports & Air Navigation Company, an arm of the Ministry of Roads and Urban Development, has purchased €81.38 million worth of airport equipment since the nuclear deal was signed between Iran and world powers in 2015, the ministry’s news service reported.

News ID: ۷۸۳۷۲۴

18 August 2018

Referring to Washington’s recent pullout from the nuclear deal and reimposition of sanctions against Iran, Managing Director of Iran Airports Company Rahmatollah Mahabadi said, “We knew the removal of sanctions was temporary from the beginning and today we’re not facing any challenges in airports, which could disturb our course of actions. We’ve done all our purchases in the past two years.”

The deal signed in July 2015 saw the removal of international sanctions against Iran a year later. In exchange, the country agreed to limit the scope of its nuclear program.

Among the equipment purchased are radars, VHF omnidirectional range, distance measuring equipment, instrument landing system, switching systems and Terrestrial Trunked Radio, according to Financial Tribune.