Economics
Executives Are Confused by Iran Sanctions
- Business held back by fear of violating remaining sanctions
- Possibility of Iran breaking nuclear deal also a deterrent
IMF Visits Iran to Assess Reconnect to Global Economy
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More than half of global companies interested in doing business with Iran are holding back for fear of running afoul of sanctions that remain in place even after its nuclear deal with world powers, a new survey shows.
Fifty-eight of 100 executives of U.K.-based international firms said they aren’t confident they know what precautions need to be taken to protect their investments and avoid regulatory penalties, according to a report by global law firm Clyde & Co provided to Bloomberg.