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Anonymous ID: 447e3e May 1, 2018, 8:32 p.m. No.1268420   🗄️.is đź”—kun

>>1268241

 

http://fortune.com/2015/07/15/iran-nuclear-deal/

 

  1. The oil industry: Prior to the EU enacting its oil embargo, European oil companies like Norway’s Statoil and or France’s Total have operated joint ventures with Iranian oil firms for years. They had to put those operations on hold in 2012. Once sanctions are lifted, those companies will be able to return to Iran and continue to invest in the country, which has the world’s fourth largest proven reserves of oil.

 

  1. European car manufacturers: Yet another reason European politicians are eager to start doing with business in Iran again has to do with the continent’s car makers. Manufacturers like Volkswagen and Peugeot, which was the market leader in Iran before sanctions were applied, are eager to start doing business in the country again. The Paris-based automaker reportedly released a plan to reclaim the title of most popular car in Iran within hours of the nuclear deal being announced on Tuesday.

 

  1. The financial services industry: Big banks have been the primary transmission mechanism for global sanctions against Iran, and they will likely benefit from the removal of sanctions in the years ahead. The benefits for this industry will be more slowly realized, however. D.E. Wilson, partner at Venable LLP and former Treasury Department Official, who worked closely on Iranian sanctions efforts there, says that “it will take time and resources” for the U.S. government to lift restrictions on the financial services sector and on U.S. businesses in general.

 

He cautions that, even if this deal is implemented according to the Obama Administration’s wishes, sanctions put in place against Iran as punishment for its involvement in terrorist activities will remain in place. Furthermore, he argues, the penalties the U.S. government has leveled against banks in recent years, like the whopping $9 billion BNP Paribas paid in 2014 for helping Iran violate sanctions, far outstrips any profits to be made in the country, and that we will see a the financial services industry only cautiously wade back into Iran.

Anonymous ID: 447e3e May 1, 2018, 8:39 p.m. No.1268496   🗄️.is đź”—kun

>>1268471

"Iran is the second largest economy in the Middle East and North Africa (MENA) region after Saudi Arabia, with an estimated Gross Domestic Product (GDP) in 2016 of US$412.2 billion. It also has the second largest population of the region after Egypt, with an estimated 78.8 million people in 2015."

http://www.worldbank.org/en/country/iran/overview