Sineva
SENIOR MEMBER
- Joined
- May 24, 2018
- Messages
- 4,657
- Reaction score
- -2
- Country
- Location
A very good idea,I think.
There should be a blacklist comprised both of foreign companies that would never be allowed back in,such as peugeot,under any circumstances,as well as others that would only be allowed re-admittance to the iranian economy conditional on providing things such as financial guarantees,important technology transfers,or something else of value to ensure that there would be little to no risk of any real economic loss to iran in the event that the foreign company in question cuts and runs at some point.In addition the issue of compensation for losses to the iranian economy from companies who basically cut and ran under the threat of us secondary sanctions would also need to be addressed as part of any conditional return.
Ideally you would want to look at it from the same sort of perspective as a company dealing with customers with a long prior history of unreliable financial dealings ie poor credit ratings/persistent defaulting ,etc..
Return of Foreign Companies Contingent on Approval of MPs
https://financialtribune.com/articles/domestic-economy/108360/return-of-foreign-companies-contingent-on-approval-of-mps
Foreign companies wishing to return to Iran after a likely reentry of the United States into the Joint Comprehensive Plan of Action (the formal name of Iran’s nuclear deal signed with world powers in 2015) need the green light of the Iranian Parliament, the chairman of Majlis Industries and Mines Commission said.
"In view of some foreign companies’ failure to uphold their commitments, Majlis needs to approve and be notified of any deal [with those companies],” Ezzatollah Akbari was also quoted as saying by IRIB News.
Any comeback of home appliance brands (in an apparent reference to South Korean brands LG and Samsung], carmakers, etc. will be contingent upon their joint investment with Iran and transfer of knowledge and technology aimed at boosting domestic production, he added.
There should be a blacklist comprised both of foreign companies that would never be allowed back in,such as peugeot,under any circumstances,as well as others that would only be allowed re-admittance to the iranian economy conditional on providing things such as financial guarantees,important technology transfers,or something else of value to ensure that there would be little to no risk of any real economic loss to iran in the event that the foreign company in question cuts and runs at some point.In addition the issue of compensation for losses to the iranian economy from companies who basically cut and ran under the threat of us secondary sanctions would also need to be addressed as part of any conditional return.
Ideally you would want to look at it from the same sort of perspective as a company dealing with customers with a long prior history of unreliable financial dealings ie poor credit ratings/persistent defaulting ,etc..
Return of Foreign Companies Contingent on Approval of MPs
https://financialtribune.com/articles/domestic-economy/108360/return-of-foreign-companies-contingent-on-approval-of-mps
Foreign companies wishing to return to Iran after a likely reentry of the United States into the Joint Comprehensive Plan of Action (the formal name of Iran’s nuclear deal signed with world powers in 2015) need the green light of the Iranian Parliament, the chairman of Majlis Industries and Mines Commission said.
"In view of some foreign companies’ failure to uphold their commitments, Majlis needs to approve and be notified of any deal [with those companies],” Ezzatollah Akbari was also quoted as saying by IRIB News.
Any comeback of home appliance brands (in an apparent reference to South Korean brands LG and Samsung], carmakers, etc. will be contingent upon their joint investment with Iran and transfer of knowledge and technology aimed at boosting domestic production, he added.
