In brief
Iran and the the P5+1 powers have reached an interim agreement over Iran's nuclear programme. The deal will offer Iran some sanctions relief in return for limits on its nuclear programme and more intrusive inspections of nuclear sites. The agreement should provide some positive momentum for Iran's struggling economy, but until the more severe sanctions, notably on oil exports, are relaxed the economy will remain under pressure. We currently forecast a return to real GDP growth at 1.1% in 2014.
Fonte : Economist Intelligence UNIT
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