A computer rendering of Boeing’s forthcoming 777X aircraft. Boeing officials have been invited to Iran. Photo: Wikimedia Commons.

Boeing has been invited to talks with Iranian officials about modernizing Iran’s aged commercial aircraft fleet, the country’s transport minister said Thursday, in what could be a precursor to the biggest business arrangement with an American company after more than three decades of estrangement.

The talks would be among the first tangible results of a less-hostile climate between the United States and Iran since a landmark international agreement on Iran’s disputed nuclear activities took effect in January. The agreement ended or relaxed many sanctions on Iran in exchange for its verifiable guarantees of peaceful nuclear work.

Read full story at The New York Times.