April 7, 2015

TRADING BOMB FOR BOMB:

Investors are lining up to get into Iran (Heather Long, 4/07/15, CNN Money)

An hour after news broke of the Iran nuclear deal "framework," people started calling Mahdi Yazdizadeh.

Yazdizadeh is one of the partners in Pasargad, an Iran-based investment fund. [...]

Iranians are certainly optimistic. The Tehran Stock Exchange has surged nearly 8% since the deal was announced on Thursday.

Interest in doing business in Iran started long before last week. Everyone from investors to banking institutions to auditors have been analyzing the possibilities. The country has large natural resources and, equally as important, a well-educated workforce.

Yazdizadeh has been flying around the world in recent months explaining possibilities to potential investors. He's seen the most interest from Iranians living abroad, including in the U.S., and people in the United Arab Emirates, Kuwait and even Saudi Arabia.

"A lot of them have already done their homework," he said. "No check has been issued yet from foreign investors, but they have started traveling [to Iran]."

One of the keys to the deal is that growth will be so explosive it will be destabilizing.
Posted by at April 7, 2015 12:36 PM
  

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