Sunday May 31, 2020

Business Abhors A Vacuum

With sanctions on Iran lifted, businesses are battling for a piece of the action in the cash-rich economy of Iran

22nd May, 2016
The Tehran skyline: much of the city is focused on loosening the countrys ties to the dogmas of revolution Picture: PA

Tehran used to have a Bobby Sands Street, but it’s gone now. Before it was named for an Irish hunger striker, it was called after a British prime minister. One side of what was once Churchill Street is taken up by the western wall of the vast British embassy complex. In 1981, as British-Iranian relations languished in the mire after the revolution which ended the rule of the western-backed Shah the Tehran authorities changed the...

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