Eyes are on a landmark nuclear deal with Iran that could usher in business opportunities – if it survives opposition.
Iran faces multiple international sanctions stemming from its nuclear program. In 1967, the country had acceded to the Nonproliferation Treaty (“NPT”) and in 1974 had also signed the International Atomic Energy Association (“IAEA”) Safeguards Agreement, which is supplemental to the NPT. However, the succeeding years would point to the country’s nuclear weapons ambitions – leading to concerns from the United States and the international community, and ultimately, sanctions from the U.S. government, the European Union, and the United Nations. Read More