IRAN: RISKY BUSINESS, PART II.(economic conditions improve)

IPR Strategic Business Information Database | March 27, 2000 | Copyright

Iran's ability to meet some of its foreign debt obligations increased as a result of the recent reversal of a downturn in oil prices. Tehran's situation may gain even more because more foreign firms are showing an interest in investing in Iran. The poor risk status of Iran in the eyes of foreign risk insurance agencies, however, hampers such international investment efforts. This is caused by, first of all, Iran's difficulty in meeting its debt obligations, and secondly, the country's own laws, which limit foreigners' ability to participate fully in the economy. Due to Iran's ...

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