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World — January 18, 2016   

ANGLE ON: Iran, Coming In From The Cold

Original article by Avi Asher-Schapiro published in the Vice on 12/24/2016

Photo Credit: AFP
Photo Credit: AFP

For the past thirteen years, Trita Parsi and his organization, the National Iranian-American Council, have tried to dispel tensions between Iran and the United States, lobbying lawmakers on behalf of the Iranian-American community, attempting to put a human face to Iran and its people.

Mr. Parsi tells Vice magazine that 2015 was the first positive year, in a very long time. “For years, Iran was out of bounds to lot of countries,” says Mr. Parsi. “But the nuclear deal has profoundly changed that. Iran is slowly coming back into the community of nations.”

Now that the U.S. sanctions have been lifted, Vice reports that “investors are waiting to pounce.” “There’s nowhere else like Iran for investors right now,” says Charles Robertson, the chief economist for Renaissance Capital which specializes in frontier markets. “They produce as many cars as Turkey, but with the wages of Vietnam,” he continues. “It has an educated population, and also just happens to have 9 percent of the world’s oil reserves.”

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