The Pot Of Gold
Just one week after Iran and international negotiators reached a preliminary deal regarding Tehran’s nuclear program, countries around the world are knocking down Iran’s door and hunting for business. China is in talks to buy more Iranian oil and to help build a natural gas pipeline from Iran to Pakistan, and it has invited Iran to join its new infrastructure investment bank. Turkish President Recep Tayyip Erdogan swallowed recent criticism of Tehran to visit Tuesday, April 7, and discuss future investment and expanded business ties. Even European firms are for a piece of the action in an investment-starved, sanctions-battered, consumer-savvy country of nearly 80 million people. The stampede of suitors underscores the latent appetite for a country that has long been off-limits yet boasts some of the world’s largest reserves of oil and natural gas, in addition to a bustling and underserved consumer market. But the flurry of interest doesn’t mean that the reached last week is opening the floodgates to a wave of fresh foreign investment in Iran.
IN SEARCH OF GOLD. We began to walk toward the small airport near. Our slow pace turned into a jog, and then we all began to run--in desperation of our pot of gold! Within five minutes, however, the rainbow had faded, and all our hopes began to fade with it. Our journey had ended there.
The Pot Of Gold
Those most active so far, especially China, have for years dabbled in the Iranian market and have U.S. And Western sanctions, even the darkest days of the country’s ostracism.
The Pot Of Gold Pilatus
Optimism about a quick rapprochement dimmed further Thursday, after Iran’s supreme leader the very underpinnings of last week’s agreement. And plenty of questions remain regarding when and how sanctions on Iran will be lifted, depending on whether and when Tehran complies with demands to dismantle its stockpiles of nuclear material and open up its nuclear infrastructure to international oversight. The pace of sanctions relief appears to be one of the major points of disagreement ahead of a June 30 deadline to finalize the nuclear deal. Threat that sanctions can “” if Iran fails to comply is particularly for Western firms thinking of jumping into the Iranian market. “All of these companies can have conversations, they can look at potential deals, and that’s fine.