Media Coverage
Source: Financial Times
Media Coverage
07.19.15
Iran’s agreement with a group of six nations, led by the United States, will limit that country’s nuclear capabilities in exchange for lifting major economic sanctions, thereby opening the door to a broad range of business opportunities in the Middle Eastern nation. But, as Public Policy and International Trade counsel Matthew Oresman tells the Financial Times, it will be important for U.S. companies to be patient when considering business in Iran, since the country has to comply with the nuclear rules outlined in the agreement before economic sanctions are lifted.
“Even though there is an agreement, things will still move slowly, especially for U.S. companies,” Oresman says.
And because Iran remains under U.S. sanctions for supporting terrorism, “those who fall under U.S. jurisdiction with need to proceed very cautiously,” he adds.
Read the Financial Times article here (subscription required).