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The Pros And Cons Of Iran's Nuclear Deal

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The Pros And Cons Of Iran's Nuclear Deal
Great post William, I agree that before the Nuclear Deal, Iran was struggling economically and was not able to compete with the rest of the world. This was because the country of Iran was under many sanctions that limited the country’s power. Because of these restrictions, their growth in economic relationships were stunned resulting in the disruption of Iran's trade. However, I do think that now that these sanctions have been lifted and Iran has agreed to participate in the Nuclear Deal, Iran will finally be able to prosper economically and reintegrate with the world. The Nuclear Deal has caused a positive impact on Iran’s banking systems, reduced international transaction cost, and gave back part of the frozen assets (The World Bank Group).

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