When the Iran nuclear agreement was signed more than a year ago, the country’s hardline regime hoped it would turn around its crippled economy. Western negotiators hoped it would restrict Iran’s nuclear weapons programme while also moderating Iranian behaviour. The agreement has helped the Iranian economy, but contrary to the hopes of the current US administration, Iran’s government remains extremist, expansionist and repressive.
Any company that is currently looking at investing in Iran or doing business with Iranian companies needs to be aware of the risks of violating continuing global business sanctions on Iran. It will also expose its own company and its employees to the risk of kidnapping, and end up helping the Iranian regime, which is the world’s biggest state sponsor of terrorism.