Betting on the coming of Iran . . . out of isolation

NEWS: "In Iran, Business Awaits a Thaw: Easing tensions could bring foreign investment, allowing companies there to scale up," by Stanley Reed, BusinessWeek, 4 May 2009.

Nice piece on the--for now--untapped market that is Iran:

Iran, after all, has 66 million people, good schools, and a diversified industrial base--with a pent-up appetite for computers, planes, aircraft parts, and knowhow for the crucial oil and gas industry. And many Iranians like the prospect of working with U.S. companies rather than the Europeans that have been the only game in recent years. "Iranian officials believe Americans are more straightforward in business deals," says Narsi Ghorban, managing director of Narkangan Gas to Liquid, a Tehran energy company. "They get what they want and give you your due."

I can't wait.

Comments

[William R. Cumming]

There was a fairly sizable increase in immigrants from IRAN after 1979! Do we have some idea of resident aliens and citizens with significant Iranian past? My rug dealer is former Iranian AF and extremely honorable man. Married to a US Citizen and citizen himself even though some of his rugs still made by his relatives in Iran! I know faulty extrapolation?