Norway opened its $810 billion wealth fund to Iranian government bonds as the Middle Eastern nation emerges from almost a decade of international sanctions following a deal to curb a nuclear program.
Norway has had sanctions in place on investing in Iranian government bonds since January 2014 as part of a ban that now will include only North Korea and Syria, according to a statement from the Finance Ministry in Oslo. The ban was lifted as Iran met its initial obligations under the Joint Comprehensive Plan of Action, the ministry said.
