The Iranian economy has already begun to show signs of improvement since President Hassan Rohani took office in August.

This coincides with the coming into effect on 20 January of the landmark Geneva agreement between Iran and the P5+1 on Tehran’s nuclear program. The agreement allows for limited sanctions relief in return for concessions by Iran on its nuclear program, pending negotiations which would lead to a full comprehensive deal and the removal of all sanctions (MEES, 29 November 2013). (CONTINUED - 806 WORDS)