Aéro Montréal welcomes Canadian government's changes to sanctions imposed against Iran

MONTRÉAL, Feb. 5, 2016 /CNW Telbec/ - Aéro Montréal, Québec's aerospace cluster, is delighted, on behalf of the entire industry, with the federal government's decision to modify sanctions against Iran. This move will have a positive impact on the entire Québec aerospace supply chain.

"Today's modifying sanctions against Iran by the Canadian government fully demonstrates our government's commitment to have an open dialogue with Tehran," says Suzanne Benoît, President Aéro Montreal. "It will allow all our companies to develop business with the very promising Iranian market, a country facing a fleet renewal of nearly 400 aircraft over the next 20 years, representing a market of nearly $20 billion. "

The geographical location of Tehran, close to Europe and Asia, makes it a true hub for air traffic and an increasing number of airlines will want to invest there. With the number of international passengers having doubled over the past 10 years, Iran has become an essential player for aircraft manufacturers who wish to invest in the country.

"Now that sanctions have been modified lifted, Canada will be able to be on a level playing field with Europe and the United States who have already lifted sanctions and initiated business dealings with Iran," added Ms. Benoît. 

About Aéro Montréal

Created in 2006, Aéro Montréal is a strategic think tank that groups all the major decision makers in Québec's aerospace sector, including companies, educational and research institutions, as well as associations and unions.

Aéro Montréal's mission is to mobilize Québec's aerospace cluster with a view to increasing its growth and expansion on the global scene. Its vision is to become a benchmark in global aerospace. To do so, it champions the following values: excellence, engagement, collaboration, versatility and innovation.


SOURCE Aéro Montréal

Image with caption: "Logo: Aéro Montréal (CNW Group/Aéro Montréal)". Image available at: http://photos.newswire.ca/images/download/20160205_C6671_PHOTO_EN_614745.jpg

For further information: Gwenaël Brisé, Communications Manager, Aéro Montréal, Off.: 514 987-9395 | cell.: 438 497-3857, gwenael.brise@aeroMontréal.ca


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