All tagged financing

Europe Can Use Local Currency Bonds to Sustain Economic Ties with Iran

Europe Can Use Local Currency Bonds to Sustain Economic Ties with Iran

Esfandyar Batmanghelidj
Economy

◢ For over a year, European governments have been struggling to determine how they can create a financing facility for projects in Iran. But what if it is a mistake to focus on “external” finance? One underreported effect of Iran’s currency crisis has been the rapid expansion of liquidity in the market. In this environment, a local currency bond offered by a European-owned, Iranian-registered development bank would be highly appealing.

Brexit Britain Must Match EU Efforts to Save Iran Nuclear Deal

Brexit Britain Must Match EU Efforts to Save Iran Nuclear Deal

Esfandyar Batmanghelidj
Policy

◢ With the UK poised to leave the European Union, Brexit Britain can no longer rely on EU economic measures to protect the Iran nuclear deal. The UK government needs to parallelize its efforts with those of the EU, following the example of EU member states such as France and Austria in order to explore the use of state-owned financing entities to open sanctions-compliant investment channels. The Iranian government should insist that the UK shows greater initiative as a party to the JCPOA.