W]estern investors first have to overcome a stumbling block — the wariness of western banks to work with Iranian institutions and individuals. Although many sanctions were lifted after Tehran reached a deal with western powers last year to scale down its nuclear activities, US sanctions related to issues such as facilitating terrorism remain in place. – Financial Times
Report: If Tehran wants to encourage foreign investment and alleviate international banks’ concerns, it also needs to end its support for terrorism, missile development, and destabilizing regional activities, and to reduce the economic power of the Revolutionary Guards and the supreme leader’s business empire. All of these factors increase the risks of investing in the Islamic Republic, regardless of what deal-sweeteners the White House provides. – Foundation for Defense of Democracies/Roubini Global Economics
Report: If Tehran wants to encourage foreign investment and alleviate international banks’ concerns, it also needs to end its support for terrorism, missile development, and destabilizing regional activities, and to reduce the economic power of the Revolutionary Guards and the supreme leader’s business empire. All of these factors increase the risks of investing in the Islamic Republic, regardless of what deal-sweeteners the White House provides. – Foundation for Defense of Democracies/Roubini Global Economics
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