"Iran Business Responsibility" launches website

Business & Human Rights Resource Centre is working with International Campaign for Human Rights in Iran on the "Iran Business Responsibility" (IBR) project.

Visit the project website launched in June 2017, and explore the articles below for insights on the new investments in Iran.

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Article
19 May 2017

Foreign funds prepare for long slog to gain Iran foothold

Author: Reuters, Karin Strohecker and Bozorgmehr Sharafedin

In February 2016, Helga Kern boarded a plane to Iran, registered with the depository to trade stocks and within weeks opened a broker account and started buying shares, all with the aim of launching an Iran fund for Western investors.

But on the eve of Friday's presidential election in Iran, Kern, who is a managing partner at Swiss fund advisory firm KK Research, has little hope that other investors will emulate her dash into the oil-rich country which had appeared on the verge of ending three decades of isolation.

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Article
17 May 2017

Iran's re-engagement with the world at stake in Friday presidential vote

Author: Reuters, Parisa Hafezi

Iranians vote for president on Friday in a contest likely to determine whether Tehran's re-engagement with the world stalls or quickens, although whatever the outcome no change is expected to its revolutionary system of conservative clerical rule.

Seeking a second term, pragmatist President Hassan Rouhani, 68, remains the narrow favorite, but hardline rivals have hammered him over his failure to boost an economy weakened by decades of sanctions.

 

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Article
15 May 2017

Will Rouhani be able to weather jobs crisis?

Author: Al Monitor

Unemployment among Iranians ages 15-29 stood at 26.7% in summer 2016, Tasnim news agency reported Dec. 27, citing official data. The jobless rate stood at 30.2% for those ages 15-24.

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Article
9 May 2017

Iran Guards look beyond election to next supreme leader

Author: Reuters, Babak Dehghanpisheh

Determined to protect a dominant security role and vast economic interests, Iran's Revolutionary Guards military force is quietly backing a hardliner in May 19 presidential polls, with an eye toward a bigger prize: the succession of the supreme leader.

President Hassan Rouhani, a relative moderate elected in 2013 in a landslide on promises to open up Iranian society and reduce its international isolation, is widely seen as the favorite to win a second term next week.

But the Islamic Revolutionary Guards Corps (IRGC), and the Basij, a volunteer militia under the Guards' command, are taking steps to promote the candidacy of his main rival, hardline cleric Ebrahim Raisi.

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Article
7 May 2017

Politics chill Iran’s attempts to attract foreign capital

Author: Financial Times, Aliya Ram

When Iran last year cemented a landmark nuclear agreement with six world powers to remove many of the sanctions against it, Hassan Rouhani, the country's reformist president, said it would aim to attract at least $30bn a year of foreign investment...  But more than a year after the deal ... Iran's attempts to woo international investors have borne little fruit.

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Article
4 May 2017

Iranians Still Waiting for Nuclear Deal Payoff

Author: Bloomberg, Ladane Nasseri and Golnar Motevalli

Frustrated voters may deprive President Rouhani of a second term.

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Article
30 April 2017

Wary of Trump, European Union assures Iran on Nuclear Deal

Author: Khaleej Times

Wary of US President Donald Trump's tough talk on Iran, the European Union is courting Tehran to signal to its commitment to a nuclear deal and holding out the promise of its economic payoff ahead of May 19 presidential polls, EU diplomats say.

Europe's energy commissioner is leading more than 50 European firms in a business forum in Tehran over the weekend - the latest sally to help knit new trade ties in the 16 months since Iran curbed its nuclear programme in exchange for relief from sanctions.

 

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Article
27 April 2017

Iran's Rouhani defends his economic record before May election

Author: Reuters, Parisa Hafezi

Wary of US President Donald Trump's tough talk on Iran, the European Union is courting Tehran to signal to its commitment to a nuclear deal and holding out the promise of its economic payoff ahead of May 19 presidential polls, EU diplomats say.

Europe's energy commissioner is leading more than 50 European firms in a business forum in Tehran over the weekend - the latest sally to help knit new trade ties in the 16 months since Iran curbed its nuclear programme in exchange for relief from sanctions.

 

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Article
25 April 2017

Iran's Khamenei says next president should be less engaged with West

Author: Reuters

Iran's supreme leader called on presidential candidates on Tuesday to champion economic self-sufficiency, further distancing himself from Hassan Rouhani's policy of opening to the West and seeking foreign investment.

Allies of Ayatollah Ali Khamenei, who aim to reclaim the presidency for their hardline faction, hope voters will punish the pragmatist President Rouhani for the slow pace of economic recovery despite the lifting of sanctions under a nuclear deal, the hallmark of his first term.

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Article
24 April 2017

Iran elections could see business confidence plummet: Key issues, such as oil and the success of the nuclear agreement, hinge on the outcome of the election

Author: Gulf News, Ed Clowes

With Iran’s presidential elections set to be held in less than a month’s time, several major issues loom large over the proceedings of this pivotal event.

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