Overview
The Wall Street Journal quoted Steptoe partner Meredith Rathbone in a July 17 article titled “US Companies Stand Aside as Iran Sanctions Battle Looms.” The article discusses caution among lobbyists and advocacy groups representing American businesses despite Iran’s potential to grow into a multibillion-dollar market for US companies.
Corporations are monitoring how the evolving sanctions regime will affect market access, international investment and potential investment opportunities in Iran. Ms. Rathbone says, “They’re paying attention to how it affects them and how it affects their competitors.”
The full article can be read at The Wall Street Journal (subscription required).
