Iranian expert: Sanctions to play significant role in economic relations in future
Baku, Azerbaijan, Dec. 15
By Elnur Baghishov - Trend:
The US sanctions on countries, such as China, Russia and Iran have turned into a tool to fine certain countries, Peyman Molavi, an Iranian expert on investments, finance and economy, told Trend.
"I think that sanctions will play a significant role in economic relations in the future," he said.
Molavi noted that there isn't much Iran can do in terms of foreign investments.
There are two main directions for Iran - China and Europe, Molavi said.
Iranian government should facilitate conditions for the private sector and the companies willing to operate in Iran's energy sector, the expert said.
He added that the facilitation would not be enough and yet some problems would remain on the agenda, so some solutions should be found for equipment and other supplies.
It's obvious that it is not easy, the expert said, adding that some thoroughly designed programs should be adopted. He also noted that even sanctions-free countries face certain problems in attracting investments.
As it comes to the energy sector, the expert said, Iran should focus on equipment production, technical education and investments, because the combination of these three may boost the country's energy sector.
After the implementation of the Joint Comprehensive Plan of Action, Germany has invested in Iran's renewable energy sector, and presently, German companies are highly interested in operating at the Iranian energy market, the expert noted.
The expert added that Iran could not benefit from the opportunities crated by the Joint Comprehensive Plan of Action and could not fully direct these opportunities to the renewable energy sector.