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“It seems like the US might miss this opportunity because the Europeans are going to move regardless,” Hans Humes, who traveled to Iran in June, said in an interview in Mexico City, Bloomberg reported on Sunday.
“It almost doesn’t matter what the US does because once it starts opening up to Europe I think the economy in Iran will start to move,” he added.
Humes sees the biggest opportunities in Iran’s energy, infrastructure and corporate services.
He said that the investment opportunities may be worth “multiple tens of billions” of dollars in the next five to 10 years.
There has been growing international interest in trade ties with Iran since Tehran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 finalized a comprehensive deal on Tehran’s nuclear program and implemented it on January 16.
The comprehensive nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions on Iran after coming into force.
Tasnim News Agency - economy