As anticipated, Rouhani's speech to the UN provided a tight timetable to reach agreement on the nuclear issues and thus move towards a loosening of sanctions.
Not so long ago, the 'Axis of Evil' was referred to as Iran, Myanmar and North Korea. Myanmar is now booming with scores of business people charging through Yangon seeking out deals on everything from hotels to telecoms. North Korea however remains a pariah whose actions and words are rightly treated as being unreliable.
With Iran, I believe that there is a motivation, both socially and economically, to be consistent and reasonable. Rouhani does not have the ego or ambition of Ahmadinejad and has had international experience to provide a more international perspective. They have also seen the power of the people across the Middle East and recognise that there is a danger that the Islamic Revolution could be threatened if they do not provide a better economic and social environment in the country.
To this end, I believe that we remain firmly on course for the loosening of sanctions and a return of Iran to the global village.
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