Automobile maker Volkswagen will end almost all business in Iran. As per the report, the company is bowed under US pressure to stop all kind of business activity with IRAN but VW will still be able to do humanitarian business in Iran.
The decision was made after several round of talks between the German auto giant and the administration of President Donald Trump, said Richard Grenell, the US Ambassador to Germany.
Now, the US is reimposing those sanctions.
VW has scrapped plans it announced in July last year to sell cars in Iran for the first time in 17 years.