Western Companies Look to Iran Opening for New Business

“The end to Iran’s international isolation is attracting more than just energy firms. Carmakers, aircraft and tobacco producers also make the list of companies that analysts from Natixis Securities to Jefferies say may invest in the nation if the April 2 agreement with world powers results in an end to penalties over its nuclear program. While Total, BP, Royal Dutch Shell and Exxon Mobil all have assets and expertise that could be of use to Iran, holder of the world’s largest gas reserves and fourth- biggest oil reserves, there’s more to the $370 billion economy than hydrocarbons. The country’s 77 million consumers have been starved of most Western products for more than 10 years.”

http://www.businessweekme.com/Bloomberg/newsmid/190/newsid/586/Western-Companies-Look-to-Iran-Opening-for-New-Business

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