Iran: Between a rock & a hard place - again
Florence Eid-Oakden, Ph.D, Chief Economist
Charlene Rahall, Analyst
- When the US withdrew from the Iran nuclear deal, Tehran’s mantra was that the other parties would provide benefits as recompense. This now seems less likely, as many major firms from outside the US have withdrawn from Iran.
- President Hassan Rouhani’s reputation and political influence have taken a hit as his promised economic gains have failed to materialise.
- The US’s hard-line approach to Iran is clearly a strategy to bring Tehran back to the negotiating table as Washington appears to have done with North Korea. The question is: Will Tehran be a much harder nut to crack, with more international friends and a lot at stake regionally?
The Country Views series shines the spotlight on specific developments in MENA countries, analysing them from a local perspective to deliver forward looking views for businesses and investors.
To access this report, please click here.