Counting the Cost – Iran: Back in business

Iranian President Hassan Rouhani has started a shopping tour in Europe just days after the lifting of international sanctions over Iran’s nuclear programme. He wants to let the world know that Iran is back in business. And European companies are lining up for a share in the Iranian market – promising billions of dollars in new deals. But what does the end of Iran sanctions mean for the global economy?

Iranian President Hassan Rouhani has started a shopping tour in Europe just days after the lifting of international sanctions over Iran’s nuclear programme.

He wants to let the world know that Iran is back in business. And European companies are lining up for a share in the Iranian market – promising billions of dollars in new deals.

But what does the end of Iran sanctions mean for the global economy?

As President Rouhani is signing billion-dollar deals to rebuild his country, we look at the biggest new market entering the global economy in decades.

Also on Counting the Cost: More pain than gain in the oil-rich Niger Delta region as low oil prices spell bad news for Nigeria’s economy.

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