May 24, 2016

Nuclear Deal Promised to Spur Investment. Iran’s Still Waiting.

Source: Bloomberg

Journalist: Kambiz Foroohar

When Iran and global powers signed a nuclear deal last year, supporters and detractors agreed on one thing: the accord would get billions of investment dollars flowing into the Islamic Republic. The only question was how much.

The answer so far -- "not much" -- is infuriating Iranian officials, who are demanding more U.S. concessions, including access to dollar-denominated trades, after curbing their nuclear program. In the U.S., opponents of the original agreement are warning against any further easing of restrictions, vowing to hold up Treasury Department nominees to ensure it doesn’t happen.

 

To read the full article, visit the Bloomberg website. 

Author

  • Elizabeth Rosenberg

    Former Senior Fellow and Director, Energy, Economics and Security Program

    Elizabeth Rosenberg is a former Senior Fellow and Director of the Energy, Economics, and Security Program at the Center for a New American Security. In this capacity, she publ...