These Billions in Deals Can Help Iran Counter Trump – Bloomberg

It hasnt been the investment bonanza Iran hoped for, but the billions of dollars unlocked by its 2015 nuclear deal with world powers might help cushion the impact of any future U.S. assault on the accord.

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The mood has shifted since this time last year, when following the January 2016 lifting of sanctions trade delegations crammed Tehrans hotels as investor interest peaked. Now, with President Donald Trump adding new sanctions andexpressing frustration that his administration continues to find the Islamic Republic in compliance with the accord, the talk is of whether it can survive. Of critical importance will be the support flowing from other parties -- China, Russia, France, Germany and the U.K. -- whose companies have put up much of the money invested in Iran so far.

Read More: Will the U.S. Blow Up the Iran Nuclear Deal?: QuickTake Q&A.

There is pressure coming from the business establishment in these countries to maintain access to the Iranian market,said Sanam Vakil, an associate fellow at Chatham HousesMiddle East & North Africa Program in London. At the same time, most of their governments recognize that marginalizing and isolating Iran is not in their interest, she said.

Theres a lot at stake: Iran says it wants to sign oil and gas contracts worth as much as $60 billion in the Iranian year that ends in March 2018. Here are some of the agreements-- final or preliminary -- reached in the last 18 months.

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These Billions in Deals Can Help Iran Counter Trump - Bloomberg

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