Turkey cashes in on the Iran talks

“You may have thought the Geneva deal struck last month between Iran and the P5+1 nations was a sweet one for Tehran — getting billions in sanctions relief in exchange for mere promises to halt its nuclear program.  But Turkey may be an even bigger winner. It just needs to open its doors and wait for Iranian funds to pour in.  Iran was Turkey’s third largest export market in 2012.  In fact, Turkey is reportedly exporting more than 20,000 products to Iran right now; among them gold and silver. It turns out that the Geneva deal also loosened sanctions on precious metals.  The White House estimates that [the deal] could generate $1.5 billion in government revenues for Tehran.”

http://blogs.reuters.com/great-debate/2013/12/12/turkey-cashes-in-on-the-iran-talks/

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