Now that the historic Iran nuclear deal has opened Tehran to world markets, the Islamic republic has seen a rapid increase in foreign investment.





On Tuesday, Boeing Co confirmed a landmark deal to�sell 100 of�its 737 and 777 aircraft to�Tehran for�roughly $25 billion. This marks the first time the aerospace giant has done business with�the Islamic republic since�1979.

Boeing isn�t the only company jumping into�the game. According to a new report from�The Financial Times measuring foreign direct investment (FDI), Iran is now ranked 12th out�of 14 in�Middle Eastern nations in�terms of�foreign investment.

While Tehran�s FDI has been climbing steadily since�2013, the real boom began after�the lifting of�sanctions in�January. The country has gained 22 FDI projects during�the first quarter of�2016.
This quarter accounted for�40% of�all FDI since�2013.


While Boeing is based in�the United States, most foreign investment comes from�South Korea and Germany. South Korea-based Pohang Iron and Steel announced plans to�invest $1.6 billion in�the country.

On July 14, Iran and the P5+1 group, consisting of�Russia, the United States, the United Kingdom, France, China, and Germany, signed a historic deal to�guarantee the peaceful nature of�Tehran�s nuclear activities in�exchange for�sanctions relief.

Tehran has accused Washington ofattempting to�discourage foreign companies from�investing in�the Islamic republic.

"To date, all the Western countries are under�the US influence. All of�our banking operations do not pass without�problems," Supreme Leader Ayatollah Khamenei said during�a March news conference, according to�IRINN news agency.
"It is clear that behind�all this is the United States, who spoke of�lifting sanctions, but�lifted them on�paper only."


Even Boing indicated that the new deal was careful to �follow the lead of�the US government with�regards to�working with�Iran�s airlines,� adding that, �any and all contracts with�Iran�s airlines will be contingent upon�US government approval.�

US Representative Rick Larsen (D-WA) said that he intends to�scrutinize Boeing�s dealings.

"In the coming days the US government will be taking a hard look at�the specifics of�the deal, to�ensure it is consistent with�both US interests and those of�our international allies, he said in�a statement, �and I�ll be tracking those developments closely."

By Sputnik