French automaker Renault signed on Monday a long-awaited joint venture deal with Iran worth 660 million euros ($779 million) to build up to 300,000 cars per year. The new deal puts Renault in partnership with Iran’s state Industrial Development and Renovation Organisation (IDRO) and private firm Parto Negin Naseh. Renault will hold a 60-percent stake with IDRO and Parto Negin Naseh 20 percent each. Source The Local
Israeli and Russian experts may gather for another meeting to discuss coordination on Syria in the coming days in Moscow, Israeli Prime Minister Benjamin Netanyahu told a government meeting on Sunday. Source: TASS
Taiwan President Tsai Ing-wen – stung by her party’s crushing defeat in last month’s local elections – could be in for another disappointment at the polls in 2020 if she tries to win a second term as the self-ruled island’s president by playing the “America card”, analysts have warned. Source: South China Morning Post
Belgium’s Prime Minister Charles Michel was left leading a minority administration on Sunday after the Flemish nationalist party quit the ruling coalition over his support of a UN migration pact. The New Flemish Alliance (N-VA), the largest of the coalition’s four parties, had earlier threatened to leave if Michel backed the accord, which has become a cause celebre for European anti-immigration parties. Source: France24
