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Supposition: Should the iron veil of Islamic extremism lift in Iran, what obstacles would an American businessman have to overcome in order to enter Iran’s market? ...
The US Treasury Department’s Office of Foreign Assets Control, established the parameters for international business relations, between the United States and Iran, and an Iran Interests Section, in the Pakistani Embassy in Washington, DC maintains diplomatic relations. The US Government had severed relations with the Islamic Republic of Iran after the Revolutionary Guard forcibly took control of the American Embassy, and its held hostage the staff for four hundred and forty four days. Iran nationalized the US assets, and the US has held in escrow, the national assets (property, investments and bank accounts) of Iran. The Iran-U. ... Iran’s support of international terrorism, primarily its support and training of Hezb Allah , the Party of God, exacerbated the situation. ... The next nail in the coffin of our international relationship became effective on March 16, 1995, (as a result of Iranian sponsorship of international terrorism, and Iran’s active pursuit of weapons of mass destruction) when President Clinton issued Executive Order 12957, prohibiting U. ... involvement with petroleum development in Iran. On May 6, 1995, he signed Executive Order 12959, pursuant to the International Emergency Economic Powers Act (IEEPA), as well as the International Security and Development Cooperation Act (ISDCA), substantially tightening sanctions against Iran. On August 19, 1997, the President signed Executive Order 13059, clarifying Executive Orders 12957 and 12959, and confirming that virtually all trade and investment activities with Iran by U. ... The only positive light at the end of the tunnel was that on March 17, 2000, the Secretary of State announced that sanctions against Iran would be eased to allow U. ... persons to purchase and import carpets and food products such as dried fruits, nuts, and caviar from Iran. ... What is interesting here, is that one of our staunchest allies, Canada, is currently maintaining a prosperous trade relation with Iran. ...
This is the current state of US-Iran affairs, but what if the moderate forces of President Khatami, combined with a new revolutionary youth movement, establish a more democratic or socialist style government and reopens the door (lifts the iron veil) to ‘Shatan’ (the devil), US business interests. ... What would an American businessman expect to find in Iran in the twenty first century? Will it be the Iran of Ross Perot’s Electronic Data System Corporation, where contracts required an oiling of palms before an agreement can be reached, or will business of today be that of a yesterday, a three party affair, you, your Iranian counterpart and a mullah (Islamic priest). ...
If the revolution were violent, as their want in Iran, there may be remnants of those who lost their power and will look on you as the causative source. ...
For much of their history, after the time of Darius and Xerxes, Iran had been under one or another foreign invader, from the Muslims to the Turks, the French, to the British. ... We should have learned from our past diplomatic blunders in Iran, that bullets and money would not solve all our diplomatic woes. ... It will be difficult to reestablish a trust with the businessmen of Iran. ... The strong oil market in 1996 helped ease financial pressures on Iran and allowed for Tehrans timely debt service payments. ... Subsequent rises in oil prices have afforded Iran fiscal breathing room, but do not solve Irans structural economic problems, including the encouragement of foreign investment and the containment of inflation. The statistics currently reflecting Iran’s economic situation as of March 2003 are:
1. ... Labor Force – 18 mil (shortage of skilled labor); Iran is not all that far behind the United State according to Table 13. ... 1% (1999); the United States unilaterally bars exports (except humanitarian aid) and imports from Iran (except rugs and nuts). ... Exchange Rate – from 1997 to 2001, Iran had a multi-exchange-rate system; one of these rates, the official floating exchange rate, by which most essential goods were imported, averaged 1,750 rials per US dollar; in March 2002, the multi-exchange-rate system was converged into one rate at about 7,900 rials per US dollar. ... Since mid-1999, when the financing of a significant amount of imports was shifted to the Tehran Stock Exchange (TSE) market, the exchange rate prevailing in the TSE market has also displayed considerable stability, thanks to heavy intervention by the Bank Markezi Joumhouri Islami Iran (Central Bank of the Islamic Republic of Iran), aided by strong oil revenues . ... Trans-Asia-Europe (TAE) fiber-optic line runs from Azerbaijan through the northern portion of Iran to Turkmenistan with expansion to Georgia and Azerbaijan. ...
One of the key Iranian lobbying efforts in America and a source of current and new economic and business developments in Iran, is the Iranian Trade Association (ITA), a California based organization. ITA recruits Iran American community members to join its campaign to lift the US sanctions.
Approximate Word count = 4127
Approximate Pages = 16.5
(250 words per page double spaced)
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