Tuesday 25 November 2014

UAE companies to benefit from relaxation of sanctions on Iran | The National

UAE companies to benefit from relaxation of sanctions on Iran | The National:



"UAE companies could greatly benefit from any relaxations in sanctions on Iran’s nuclear programme agreed during the Vienna negotiations, said analysts.



“It’s going to be a bonanza,” said Patrick Murphy, a director at the legal firm Clyde & Co. “It’s the last great developing market. Whether you’re a lawyer or someone who is physically going and selling goods there, there are opportunities in every corner.”



World powers and Iran have agreed to extend talks on the country’s nuclear programme until July 1, the Iranian state news agency reported."



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