|
|
|
Ramin Rabii, Turquoise |
Don’t be fooled by the hype. The expected removal of sanctions from Iran – probably between the end of this year and Easter 2016 – will not lead to an immediate flood of investment and a warm welcome back into the fold of international finance. Those things will happen. But they will take years rather than months.
The mood in Tehran is cautiously optimistic. After years under sanctions, there is a palpable fear that something could still go wrong to derail sanctions relief – most obviously a vote against it in the US Congress so overwhelming that president Obama can’t veto it – but nevertheless, people are planning ahead for brighter times.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
