Wednesday, September 18, 2013

Iran - A return for this exciting country?

Iran should be one of the richest countries in the world. Abundant natural resources of oil, gas, copper, iron ore and other minerals, demographics that are the envy of much of the world and an education system of proven repute. 

Of course the country has been plagued by politics and religion and has been in the wilderness for many years. The question is whether it is now about to re-enter the world of commerce. 

I am guessing that it is. I have felt for some time that it is unlikely that the educated and young population desire an orthodox lifestyle and the exclusion that results from this. Slowly, the ruling elite have recognised this and whilst I dont anticipate a revolution, I do believe that the meetings to take place at the UN over coming days, the announcement of release of political prisoners and the return of nuclear co-operation indicates a softening of the impasse between Iran and the West. 

The geopolitical and economic implications for a return of Iran are significant and too detailed for me to cover here. However, one thing is for certain. If the UN sanctions are lifted, then there are enormous commercial opportunities in the country. 

Entrepreneurs and financiers.....start booking your flights to Tehran! 

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