The implications of the US withdrawal from the nuclear agreement on Iran's economy The implications of the US withdrawal from the nuclear agreement on Iran's economy
Written by  May 09, 2018 - 67 Views

The implications of the US withdrawal from the nuclear agreement on Iran's economy

Tunisia, Egypt - "Vision News": The American withdrawal from the international agreement on the Iranian file and the return to the economic sanctions program on Iran will have important implications for Tehran's economy, which will eliminate the US dollar deal and retain the euro.

But the US sanctions will be obtained from specific agreements and deals:

- Boeing and Airbus agreements, where the agreements signed by Tehran with the two companies are among the largest and largest deals.

- Deals signed with major international companies at the international level and in the field of oil and also on electronic devices, such as deals held by Tehran with Total Oil, the Volkswagen German automotive industry and Geral Electric for electronic devices and equipment.

- Airlines and hotel groups, where companies in the sector have benefited from lifting sanctions on Tehran and promoting Iran as a tourist destination, such as companies such as British Airways and German Lufthansa operating direct flights from Berlin and London to Tehran. Was the first to open in Iran in 2015 as well as other hotel groups such as Rotana and Melia.

- The Iranian economy in general recovered gradually after 2015 but remained fragile. The return of sanctions would further complicate the situation on a number of levels, including the impact of the Iranian riyal, which lost 22 percent of its value against the US dollar, The sanctions have returned to Iran.

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