{"id":6256,"date":"2015-08-13T13:50:09","date_gmt":"2015-08-13T12:50:09","guid":{"rendered":"http:\/\/soerenkern.com\/?p=6256"},"modified":"2015-08-13T13:52:38","modified_gmt":"2015-08-13T12:52:38","slug":"europeans-rush-to-profit-from-iran-deal","status":"publish","type":"post","link":"https:\/\/soerenkern.com\/web\/2015\/08\/13\/europeans-rush-to-profit-from-iran-deal\/","title":{"rendered":"Europeans Rush to Profit from Iran Deal"},"content":{"rendered":"

\"sigmar<\/a><\/p>\n

The flurry of European business activity in Iran implies that international sanctions are crumbling, and if Tehran violates its commitments under the nuclear deal, efforts to re-impose them are unlikely to succeed.<\/em><\/p>\n

Europeans Rush to Profit from Iran Deal<\/h3>\n

Soeren Kern | Gatestone Institute<\/a> | August 13, 2015<\/p>\n

European politicians and business leaders, resembling the running of the bulls in Spain, are falling over themselves in a rush to secure the \u201cfirst-mover\u201d advantage in Iran\u2019s $400 billion economy.<\/p>\n

Under the nuclear deal<\/a> reached in Vienna on July 14, international sanctions will be removed on Iran\u2019s banking, energy and trade sectors if Tehran agrees to certain curbs on its nuclear program.<\/p>\n

The lifting of sanctions on Iran, a market of 80 million consumers (the second-largest market in the Middle East after Turkey in terms of GDP) creates the potential for staggering business opportunities.<\/p>\n

Iranian officials say that investments of $185 billion are required in the oil and gas sector alone during the next five years. The mining sector requires<\/a> $29 billion between now and 2025. Iran hopes to triple the number of cars manufactured in the country to three million a year by 2025.<\/p>\n

Sanctions will also be lifted<\/a> on Supreme Leader Ali Khamenei\u2019s $95 billion business empire<\/a>, as well as on Iran\u2019s Revolutionary Guard Corps, which operates<\/a> a vast network of companies and industries.<\/p>\n

No wonder that European media outlets are referring to Iran as the<\/a> \u201cnew El Dorado,\u201d the<\/a> \u201cchance of a century,\u201d and the<\/a> \u201clast untapped market.\u201d<\/p>\n

Although the United States Congress will not vote on the accord until September, Europeans appear to be operating on the premise that Iran is now open for business.<\/p>\n

Continue Reading Here<\/a>\u00bb<\/p>\n","protected":false},"excerpt":{"rendered":"

The flurry of European business activity in Iran implies that international sanctions are crumbling, and if Tehran violates its commitments under the nuclear deal, efforts to re-impose them are unlikely to succeed.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","footnotes":""},"categories":[7,103],"tags":[52,179,5,185,177],"class_list":["post-6256","post","type-post","status-publish","format-standard","hentry","category-geopolitics","category-iran-geopolitics","tag-france","tag-germany","tag-iran","tag-italy","tag-spain"],"yoast_head":"\nEuropeans Rush to Profit from Iran Deal - Soeren Kern | Geopolitical Perspectives on Europe, America and the Middle East<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/soerenkern.com\/web\/2015\/08\/13\/europeans-rush-to-profit-from-iran-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Europeans Rush to Profit from Iran Deal - 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