Baku, Azerbaijan, Aug. 24
By Farhad Daneshvar – Trend:
Europeans should feel stronger in their desire to do business in Iran as US President Donald Trump is increasing his unpopularity in the US, Barbara Slavin, the director of the Future of Iran Initiative at the Atlantic Council, believes.
“As [European] companies become more comfortable in Iran, as they restore old relationships and find people they can trust I think they will go forward,” Slavin told Trend.
Since 2015, when the nuclear deal between Iran and the major world powers was signed, international bodies have observed a surge in interest among multinational companies in investing in the Islamic Republic’s economy. Giant oil companies, aircraft manufacturers as well as carmakers are among those who have shown keen interest in Iran’s markets.
Barbara Slavin, further forecasted that Iran over the next four years under President Rouhani’s second term would gradually integrate into the world’s economy.
“I think Iran will slowly but surely increase its economic integration with the outside world,” she said.
Second-term-President Hassan Rouhani won the May Elections on a pledge to press ahead with the policy of easing Iran’s political isolation, to further the sanctions relief for the economy.
“I expect continuity, with an emphasis on improving the economy and hopefully some gradual political liberalization,” she said elaborating on Rouhani’s policy prospects, considering the changes in his second-term cabinet.