Post nuclear-deal Iran: The next emerging market?
This day, 35 years ago, saw a failed top-secret attempt by the United States to free American hostages held in Iran’s capital, Tehran.
Leaving behind those war-mongering days, the United States and Iran have now reached an extremely interesting phase in their otherwise tempestuous relationship.
With the landmark nuclear deal expected to fructify on June 30, geo-political dynamics in the region are never going to be the same again. This will in turn have a ripple effect on the geo-economics of the region and the world. With gradual lifting of sanctions on Iran, the reopening of Middle East’s second largest economy will provide a market that has been out of reach to varying extents since the 1979 Islamic revolution, with sanctions becoming broader since 1995 and expanded further since 2005.
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