Western Firms Seeking a Way into Iran

By Abraham Shanedling
 
A recent Wall Street Journal article reports on a “steady flow” of Western executives to Iran in light of the temporary sanctions relief granted to Iran as part of November’s interim deal.

Even though the Obama Administration has stressed that such relief is limited to only a handful of industries, this hasn’t stopped companies such as telecommunications provider Orange or French drug maker Sanofi Aventis SA from ending corporate representatives on “exploratory visits” to Iran.

The WSJ article describes Western executives organizing training seminars and hosting meetings with Iranian ministers all with an eye toward laying business groundwork should sanctions ease up even more.

The full story can be found here.