*** France FM says 'will go' to Iran after nuclear deal | THE DAILY TRIBUNE | KINGDOM OF BAHRAIN

France FM says 'will go' to Iran after nuclear deal

Paris

France's foreign minister said today he had accepted an invitation to visit Iran after the historic deal on its nuclear programme but did not give a date for the trip.

Laurent Fabius said his Iranian counterpart Mohammad Javad Zarif had "reinvited" him as the deal was clinched on Tuesday. 

"I told him I would go to Iran so I will go to Iran," Fabius told French radio.

Fabius noted that French firms were "very well thought of" in Iran but denied the nuclear deal was struck with an eye on business.

"Trade is very important. It fosters growth. It's important for the Iranians, it's important for us," he said. 

"But when the president of the Republic (Francois Hollande) and I took the strategic decision (to agree to a deal) ... we did not take it for commercial reasons, but for strategic reasons because we wanted to avoid nuclear proliferation," stressed the minister.

France used to have a strong presence in Iran before the sanctions went into effect, with Peugeot and Renault being major players in the Iranian auto industry and energy giant Total heavily involved in the oil sector. 

But two-way trade has fallen from four billion euros ($4.4 billion) in 2004 to just 500 million euros in 2013, according to French statistics.