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Middle EastJanuary 4 2016

Iran's finance minister seeks positive post-sanctions outlook

Iran's potential – with its abundant natural resources, young and educated workforce, advantageous geographical location and emerging status as a tourism hub – can now be realised with the sanctions imposed against the country dropped. This is an opportunity that cannot be missed, writes Ali Taiebnia, the country's minister of economic affairs and finance.
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Iran's finance minister seeks positive post-sanctions outlook

After taking over the presidential office in early August 2013, the government of Hassan Rouhani has managed to bring about major changes both in Iranian politics and the economy. The new political and economic environment arising from these positive developments is the primary reason behind the abandonment of efforts to isolate my country, and the decision by many countries to compete for greater political and economic relations with Iran. 

Under Mr Rouhani's stewardship, the new administration has succeeded in mitigating the negative impact of sanctions on Iran's economy. By designing proper economic policies, while also moving forward the negotiations on Iran's nuclear programme, the new government has managed to bring back stability to the economy and engender promising prospects for investment in the post-sanctions era.  

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