After the historic nuclear agreement signed last 14th July 2015 and which formally entered into force on 16th January, the economic sanctions against Iran have been lifted. In the agreement between Iran and the heads of American and European diplomatic missions, Tehran has committed to limiting its nuclear capacity to civil use.
What is going to change?
"With the lifting of sanctions and the nuclear agreement coming into force, $32 billion of blocked assets can be released," announced the Central Bank President, Valiollah Seif. Iranian companies should now be able to import more easily the products they need to stimulate the local economy.
A new market for France?
"For France, the Iranian market is a windfall," indicates Thierry Coville (researcher at the Institute for International and Strategic Relations (IRIS) and an Iran specialist). "We can expect that Iran's current negative growth turns around and revives. The IMF expects 5% growth in 2016," Mr. Coville continues. Furthermore, France has an appreciable head start, benefiting from an "excellent brand image in Iran".
For DIMOTRANS and its subsidiary CMA International, this decision marks the reopening of its "routes" to this destination and resuming trade between France, Europe and this country.