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Europe and China race ahead in business deals with Iran

Amid these deals, govt-level trade delegations are being planned as Iran's economy prepares to reawaken

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Published Tue, Jan 19, 2016 · 09:50 PM

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London

EUROPEAN companies are racing ahead of their US counterparts in forging post-sanctions deals with Iran, and China and Russia are following suit.

In terms of the anti-nuclear deal, American foreign subsidiaries can arrange business deals on expectations that the Iranian economy, backed by its population of 80 million, will recover sharply in the coming years.

Iran

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