Why has Iran's investment gold rush been so slow to emerge?

Why has Iran's investment gold rush been so slow to emerge?When Iran signed its landmark deal with world powers in 2015, curbing its nuclear programme in exchange for sanctions relief, many expected an investment gold rush. French car firm PSA was quick off the block, signing a 400-million-euro deal in June 2016 to build Peugeot vehicles with Iranian carmaker Khodro, and a 300-million-euro agreement in October to build Citroens with Iran’s SAIPA. Hotel group Accor says it is working on 10 to 15 projects in Iran, hoping to capitalise on the tourism boom since the nuclear deal.



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