With Iran nuclear deal becomes mecca for business – LaRepública.pe

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Lausanne Agreement. After marathon sessions, United States, Iran and five other powers announced an agreement that sets limits on the Iranian nuclear program so you can not produce atomic weapons.

Álvaro Mellizo. EFE

A free Iran without international sanctions for foreign investments constitute “appetizing” business opportunity for the West with its large domestic market, one of the largest in the Middle East, its vast energy wealth and large growth prospects.

So hold both employers and trade experts based in the country, analyzing the possibilities of a nuclear deal between Tehran and the powers of Group 5 + 1 (China, USA, France, United Kingdom and Russia plus Germany) to eliminate barriers that stifle the Iranian economy and open its market.

“Look, this will explode as soon as it opens, and indeed many businesses and countries, particularly European, are already working here for months paving the way for when the starting signal is given, “the commercial attache in Tehran of a Latin American country.

Others technicians agree, more or less enthusiasm, that assessment, saying the “barbarity” of untapped market out there in Iran, yes, while stressing the need for prior agreement between the two parties, including the lifting of sanctions.

The powerful Iranian economy such as the qualified experts consulted by Efe various possibilities open to all sectors, but certainly will power, as it was before the imposition of sanctions for more than a decade, which focus greater attention and undoubtedly the lion’s share of investments would take.

No wonder Iran holds 10% of proven oil reserves in the world and nearly 20% of reserves natural gas, a huge amount of resources, however, can not be exploited effectively due to the enormous lack of investment in infrastructure.

Attracting needed to finance the recovery of this industry capital, several sources estimated between 50,000 and 100,000 million, will be one of the priorities of a free Iranian government sanctions.

Several Iranian officials have already expressed their wish that this money comes in the form of “investment long-term “and” commitment to the country “and noted that the opportunities your country are such that it does not scare potential investors.

” Retrieve the financial capacity of this sector comes first what they need. They now can not because they are exhausted “, told Efe Western sources.

By the way, Iran is already preparing contingency plans to manage the flood of investment that expects and avoid problems such as inflation and lack of competitiveness resulting from the entry of billions of dollars into its economy.

The Economy Minister Ali Tayebnia publicly acknowledged that this is one of the biggest concerns of its portfolio and, to avoid, will seek to send this extra income to development funds and fund projects and investments with them
in the private sector.

25 years of monitoring

The nuclear agreement provides that the program of uranium enrichment is limited and monitored for a period of up to 25 years, while 95 percent of uranium and produced by Iran must be diluted or sent abroad.

Moreover, the covenant speaks of “strict control” of up to 25 years of all Iranian nuclear activities by the International Atomic Energy Agency (IAEA), according to a draft agreement that had Efe access.

In return all sanctions imposed on Iran over its nuclear, both economic and diplomatic agenda will arise.

This covenant of principles should be developed until next June 30, the deadline for achieving a definitive agreement to end 12 years of disputes. In addition, two thirds of uranium enrichment capabilities must be under constant supervision during the first ten years.

KEY

The US president, Barack Obama, greeted by a nuclear deal Preview with Iran as “historic” that may clear the way for a final agreement that would leave the United States, its allies and the world safer.