TEHRAN, Jul. 21 (MNA) – The Institute of International Finance predicted Iran will experience significant economic growth after the lifting of sanctions.

According to an American news website 'Examiner,' the Executive Director of the Foundation for Defense of Democracies Mark Dubowitz said that Iran's money is blocked in China, India, Japan, South Korea, Turkey, and to some extent in Taiwan.

The institute pointed to Ian's access to its frozen assets, increase in volume of foreign investment and oil export as the major factors to promote the country's economic growth after lifting sanctions.

By Mehr News Agency