Guy Martin, partner and head of international law at Carter-Ruck, highlights the four key reasons holding Iran back as an investment potential following the lifting of sanctions earlier this summer.
On 14 July, the P5+1 (the UN Security Council's five permanent members of China, France, Russia, the UK, the US, plus Germany), the European Union and Iran concluded an agreement which has radical consequences for the realignment of relations between western countries and Iran. This international agreement, the Joint Comprehensive Plan of Action (JCPOA), provides for a step-by-step relaxation of the existing sanctions against Iranian individuals and entities. What the Iran nuclear deal means for oil prices In return, Iran agreed to take active steps to reduce its stockpile of enric...
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