Eyeing Iran

One Thousand and One Opportunities

  • Why it matters

    Why it matters

    While Iran’s growing openness to the outside world has attracted a lot of interest and even some commitments from Western companies, there are still many uncertainties over doing business in Iran.

  • Facts

    Facts

    • Iranian President Hassan Rouhani supports foreign investment in the country, following the lifting of nuclear sanctions on Iran, but the country’s religious leader has sent mixed messages about the idea.
    • Airbus has received the approval of the Obama administration in Washington to sell jets to Iran.
    • Another complication in Iran is that groups that have profited from the country’s economic isolation, like the Revolutionary Guards, will do everything they can to obstruct foreign investment unless it benefits them.
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    Audio

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Airbus CEO, Tom Enders, meeting Iran's President Hassan Rouhani. Source: Getty Images

There is no let up in Tehran these days, as more and more international companies take advantage of the lifting of nuclear sanctions against Iran to increase their involvement in the Persian Gulf nation.

By soliciting foreign investors, reformist President Hassan Rouhani hopes to reap the rewards of the nuclear deal for his long-suffering people before next May’s presidential election – in the form of jobs and economic growth.

But the hardliners surrounding revolutionary and religious leader Ayatollah Ali Khamenei are throwing a wrench into his efforts and making things difficult for those hoping to invest in Iran.

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