These Billions in Deals Can Help Iran Counter Trump
It hasn’t been the investment bonanza Iran hoped for, but the billions of dollars unlocked by its 2015 nuclear deal with world powers might help cushion the impact of any future U.S. assault on the accord. Bloomberg's Alaa Shahine reports on 'Bloomberg Markets: Middle East.' (Source: Bloomberg)
It hasn’t been the investment bonanza Iran hoped for, but the billions of dollars unlocked by its 2015 nuclear deal with world powers might help cushion the impact of any future U.S. assault on the accord.
The mood has shifted since this time last year, when following the January 2016 lifting of sanctions trade delegations crammed Tehran’s hotels as investor interest peaked. Now, with President Donald Trump adding new sanctions and expressing frustration that his administration continues to find the Islamic Republic in compliance with the accord, the talk is of whether it can survive. Of critical importance will be the support flowing from other parties -- China, Russia, France, Germany and the U.K. -- whose companies have put up much of the money invested in Iran so far.