26 Sep 2015 – Iran rushes to meet terms of nuclear deal to lift sanctions

Iran is stepping up efforts to implement a landmark nuclear deal by January so as to benefit from sanctions relief, with European companies lining up for what one investor described as the most attractive opportunity in frontier markets globally.

President Hassan Rouhani, who is visiting New York to speak at the UN general assembly next week, said at a meeting with journalists and media executives on Friday that “conditions were ripe” for his administration to start implementing the agreement, struck in Vienna in July, by the end of the year.

His comments were echoed by business leaders and world investors participating in the first international conference studying investment and trade opportunities in Iran since the nuclear accord. The second Europe-Iran forum took place over the course of two days in Geneva, ending on Friday.

European corporations have already begun pursuing lucrative contracts in Iran. Philippe Delleur, the president of Alstom – the French electricity generation and rail transport firm – was in the French delegation visiting Tehran earlier this week. He was participating in the Geneva forum to meet other investors.

http://www.theguardian.com/world/2015/sep/25/iran-nuclear-deal-hassan-rouhani