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FinancialNews


  • 17-11-20

    Tehran to host major Business Forum next month

    (MENAFN) A forum on investment options will take place next month in Iran, Bloomberg announced, aimed at attracting European investors who want to enter Iranian markets if the U.S. sanctions are again lifted.

    After the 2015 nuclear deal between Iran, the U.S., European Union, Russia and China, international conferences on Iran's economy, trade and banking sectors had surged, but they practically vanished after Trump pulled the U.S. out of the agreement in 2018 and renewed sanctions on the Islamic Republic.

    According to a statement by its organizers, the Europe-Iran Business Forum, funded by the European Union, will run from 14-16 December and is just one among its kind in two years.

    President-elect Joe Biden has vowed to return the U.S. to the Iran agreement that, since he was vice president, was negotiated by the Obama administration. In exchange for the U.S. doing the same and lifting sanctions, he said he wants Iran to return to full compliance with the agreement.

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