Opportunities in Iran

Created On:18 Feb 2016 | Tag: iran, trading, datum hindustan, tehran

On January 16th 2016, successive sanctions against Iran since last 37 years were lifted. Iran is currently home to 1.5% of the global GDP and is the 18th largest economy in the world, presenting itself as a strong business-case for significant Foreign Direct Investment (FDI). For the Iranian government, this means an immediate access to USD 150 billion in frozen assets, and an opportunity to rebuild the country’s industrialized economy. For businesses, the most immediate and significant sanctions to be lifted (against Iran) are the financial sanctions that have barred the country from playing in the global financial markets.