Insight - In Iran, dividends of nuclear deal are slow to appear


  • World
  • Tuesday, 24 May 2016

Iran's President Hassan Rouhani speaks during a news conference in Islamabad, Pakistan, March 26, 2016. REUTERS/Faisal Mahmood/File Photo

TEHRAN (Reuters) - Hopes that Iran would quickly reintegrate with world markets after its nuclear deal, bringing investment and opportunities to a young population, are turning to frustration. An opaque business environment in Iran and political uncertainty in the United States are to blame.

Tehran’s hotels are buzzing with businessmen keen for a slice of a big new emerging market, more industrially developed than most oil and gas-rich nations but isolated since the 1979 Islamic Revolution that turned Iran into a pariah state for most of the West and many of its Middle Eastern neighbours.

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