There are indications that
on-going talks over Iran’s nuclear deal will end on a positive note,
which will see the removal of international sanctions on Iran. For this
reason, smart investors all over the world are warming up to invest in
the country.
Over the past few weeks, there has been increasing
global interest in Iran, as the country’s economy and business climate
has suddenly become the subject of widespread analysis.
Investors all over the world, especially Iranians
living abroad, are now looking to take advantage of the country’s vast
natural resources and well-educated workforce.
Iran has for some time now, been a no-go area for most investors due to international sanctions imposed on the country.
The sanctions, which came alongside the arrest of the
country’s nuclear program, has deterred even investors in neighbouring
countries from doing business in Iran.
However, things are about to change as indications
are emerging that Iran’s nuclear deal could be approved and all
sanctions on the country could be removed. The business climate in Iran
is getting more attractive. In fact, the Tehran Stock Exchange has been
recording significant surges lately.
According to Mahdi Yazdizadeh, one of the partners in
Iran-based investment fund Pasargad, many foreign investors have
already done their homework and have started travelling to Iran to see
multiple investment opportunities for themselves.
The 34-year old graduate of Oxford university sees
the on-going talks as a 50-50 thing -either the talks fail and Iran
continues to struggle, or the plan goes through and Iran’s economy
starts to witness a whole new world of possibilities.
Although investors worldwide are warming up to storm
Iran in case of a positive outcome, the removal of the sanctions will
not be a quick process. Even if a deal is reached in June or July, it
might take five to six months for the sanctions to come off completely.
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