The Lifting Of Iran’s Sanctions: A Win-Win

Permitted back onto the global transaction network SWIFT, British banking regulators are looking to allow Iranian banks Persia International and Melli Bank to resume operations. This depends on the two institutions following regulatory criteria such as capital requirements and risk management procedures, as set out by the Bank of England.
As a country with 60% of its population under 30 and with an aspirational, consumerist middle class, the lifting of major sanctions on Iran has led to an opening up of relations with more countries. This will surely begin to heal the wounds that years of sanctions have created, as well as bode well for all people involved.
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