Investment Week explores the opportunities in Iran in light of sanctions being lifted for foreign investors, as well as the potential impact on oil prices.
Middle East markets plunged 7% on the day following the announcement sanctions against Iran would finally be lifted after 36 years, as concerns grew about the impact on the region of further oil price falls. But aside from the short-term reaction, what are the longer-term implications of the decision, which one commentator described as the "most interesting and positive development for emerging and frontier markets in many years"? When will the Iranian market be fully open for foreign investment? According to Charlemagne Capital, the market has never been closed to foreign investors...
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