Weighing the ups and downs of entering Iran
Singapore
ANY Singaporean visiting Iran has to go through a lengthy visa application. This takes about two hours on the standard queue and one hour or less on fast-track priority at a surcharge. That process puts a Singaporean on arrival in the country immediately at a disadvantage compared to a Malaysian who gets to walk in without any hassle.
The visa application is just one among many other transaction costs that Singapore businesses pursuing opportunities in the hydrocarbon-rich Middle Eastern country have to grapple with.
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