Country hit hard by years of sanctions could see foreign investment flood in if historic Vienna agreement clears hurdles
European firms are racing to secure business opportunities in Iran after the UN security council adopted a landmark nuclear deal, paving the way for sanctions to be lifted later this year.
The 15-member body unanimously voted in favour of the Vienna agreement to lift restrictions on Iran in exchange for Tehran rolling back its nuclear programme. The vote on Monday marked the beginning of the end of the sanctions regime that has taken a heavy toll on the country’s economy.
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