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Iran, Airbus to ink 114 jet deal Wed.

An Iran Air Airbus A300 is seen at the Vienna International Airport on July 31, 2010

Iran and Europe are about to ink their first major trade deal in years when President Hassan Rouhani visits France on Wednesday.

Iran Civil Aviation Organization (CAO) will sign a contract to buy 114 passenger planes from Airbus during the visit, Iranian Minister of Transportation Abbas Akhoundi said Saturday night.

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