Frontier market investors are weighing up the best ways to benefit from the opening up of the Iranian market, as a deal is reached to end 36 years of global sanctions against the country.
The lifting of sanctions has been agreed between Iran and six world powers (Britain, China, Russia, Germany, France and the United States), in exchange for Iran keeping its nuclear programme for peaceful means. This could mean markets are open for investment early next year, if Iran meets the terms of the deal. Over three decades of economic sanctions have held back growth in the country by restricting exports, as well as putting an asset freeze on key individuals and companies. Crucially for investors, EU sanctions imposed a ban on any transactions with Iranian banks and financi...
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