The recent suspension of certain sanctions against Iran and the expectation of subsequent suspensions is opening discussion about the current market situation in Iran and its future opportunities.
Companies around the world are eager to find out what the temporary relaxation of sanctions, in addition to the future expected lifting of sanctions, could mean for accessing the Iranian market.
Iran holds the world’s fourth-largest proven oil reserves and the world’s second-largest natural gas reserves. The country has a well educated population of close to 80 million, of which more than half is under 35 years old.
Industries that are immediately affected by the suspension of sanctions include: Petrochemicals, Automotive, Banking and Finance, Civil Aviation, Gold and Precious Metals, and Crude oil – trading, transportation and maritime insurance.
Identifying market entry in a frontier market such as Iran, while staying compliant but not acquiescing, requires research and a well thought out strategy coupled with the correct contacts to avoid unnecessary pitfalls. It is with this in mind that Innoverto is delighted to announce the 1 day Seminar titled “Iran -Economic Sanctions and What’s Next – Identifying the opportunities in a post sanction Iranian economy” that will be taking place in Dubai on 28th of May.
Attendees will learn what is allowed and not allowed under the current US/EU Iran sanctions, and gain knowledge to ensure that they do not engage in violations of the sanctions, or over comply.