All the information you need to know about the Iran nuclear deal and the effect that it will have on the country's economy, as well as the impact at a worldwide level.

1. THE IRAN NUCLEAR DEAL
Sanctions. Impact. Opportunities.

2. Why have sanctions been put in place in the
first place?
Why is there a crisis?
 The crisis began in the 2000s, when Iran's uranium enrichment program
revealed clandestine activity and drew World Powers’ attention over Iran’s
capability to build a nuclear bomb.
 IAEA (International Atomic Energy Agency) had launched an investigation
Early nuclear history
Iran's interest in nuclear technology goes as far back as the 1950's
Concluded Iran's non-compliance with its
NPT obligations, which lead the UN, EU
and several individual countries to
impose sanctions against Iran, targeting
their capability to develop military nuclear
activity.

3. When exactly are they lifted and which
sanctions are still in place if any?
 EU ends all its nuclear-related economic sanctions
 including:: an embargo on buying Iranian crude
oil, termination of restrictions on Iranian trade,
shipping, and insurance.
 all the blacklisted Iranian individuals or entities*
can now do business with the EU.
*who were banned because of their alleged
nuclear-related activities
 Still the sanctions referring to terrorism will be
excluded
 The US will no longer apply its brutal economic
sanctions, especially ones on the banking sector.
 When it comes to entities accused of sponsoring
terrorism, US also keeps its sanctions, and this
would be the case of Iran's Revolutionary Guards
or those allegedly linked to it.
 UN Security Council resolutions that imposed
sanctions on Iran's nuclear program will be
annulled.
The sanctions referred most of all
to:
- Suppression of heavy
weaponry supply and nuclear-
related technology to Iran
- Arms exports blockage
- Asset freezes banking
transactions restriction
- Bans on trading in precious
metals and crude oil exports
Now a landmark nuclear deal is being implemented
between Iran and the P5+1 group
• 2013: Iran and P5+1 countries
(US, UK, France, China and
Russia plus Germany) started to
engage in negotiations
• 2015 a final agreement for a
nuclear deal framework was
settled - The Joint
Comprehensive Plan of Action

4. Is the Iranian banking system ready for it?
In order to develop a fertile place for foreign businesses and increase the chance
that more monetary financial institutions will build subsidiaries in the country, and
therefore, injecting more money in to the economy:
 CBI (Central Bank of Iran) introduced at the end of 2015 a series of measures to
stimulate spending
 Iran's central bank package to stimulate the economy:
• Cheap loans for those that want to buy homes and Iranian- made cars;
• Household credit of $3,000 with low interest ;
• Infuse $2.5bn into mega projects;
• Lowering the bank reserve requirements from 13% to 10%;
• Slash the interbank lending rates from 29% to 26%.
is the biggest
impediment in
absorbing all the
future business and
money transaction
Main issue: their relationships with international banking
institutions have been cut off for more than ten years, and many
companies will be very cautious about re-connecting with the
Islamic Republic.
can lead to less
money coming in the
country that they will
want.

5. Forecasts for the Iranian currency
Lifting sanctions translates into:
 A revenue increase of $10bn per year from oil exports;
 Bringing back more than $30bn or foreign reserves that are currently frozen in
accounts around the world;
 According to the International Monetary Fund, Iran could boost its GDP to around 5%
by 2017, from almost zero currently;
 Lifting the sanctions that added 15% to the cost of trading with Iran, will save the
country nearly $15bn yearly.
Iran’s
currency
lost
of its value against
the US dollar
 because of all the
restrictions and isolation
from the international
banking system
40% inflation
and the rise in prices
for basic needs like
food and fuel

6. Easy International Money Transfers
 Lifting the sanctions ~> allow Iranian banks to open offices in any
of the European Union member states
money will be able to move easily from and to Iran
 Diaspora who can now send money home a lot easier
lower transaction fees
 4-5 million Iranians living abroad and a combined net worth of $1.3
trillion, Iran can benefit greatly from this new flux of money, in two
ways:
 1 – Money is being infused in the country’s economy.
 2 – The banking environment will be more attractive for foreign
banks.

7. Inflow of funds into Iran
 Energy, Oil and Gas
 E.U. : member states will import and sell Iranian crude oil and gas.
 U.S.: will no longer ban Iran's crude oil sales and allow non-U.S. citizens who are part of or
engage in transactions with Iran's energy sector.
 Caviar, Pistachios and Carpets
 The ban on these Iranian signature products to the U.S. is lifted.
 Transport and Shipping
 E.U.: allow naval equipment and technology trade for ship building to Iran; also allow cargo
flights from Iran to access the airports of member states.
 U.S.: will no longer sanction non-U.S. citizens who are part of the shipping sector in Iran or
have financial dealings with it.
 Aircraft
 U.S : aircraft will be the only sector where allowed to do business in the Iranian market,
meaning U.S. companies will have no restrictions to sell commercial aircraft and parts to
Iran.
 Gold and Precious Metals
 E.U. : will allow trading of gold and other precious metals
 U.S.: will no longer sanction non-U.S. citizens who are involved in trading gold or other
precious metals with Iran.
Iran will immediately benefit of access to roughly $100Bn worth of assets frozen overseas
Analysts estimate that roughly half of this amount will go to other obligations, as payments to foreign creditors.

8. Do you want more?
 For a more in-depth article about the Iran’s
current situation, be sure to visit us at:
http://internationalmoneytransfers.org/iran/
 We have prepared also a beautiful Infographic
to make the stats…easier to digest 
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