Iran sees foreign firms returning if U.S. lifts sanctions under Biden

Reuters |
Published: 11.24.20 , 11:56
Iran expects foreign companies to return to the country if U.S. sanctions are lifted under President-elect Joe Biden and some firms have made initial contacts already, Iranian government spokesman Ali Rabiei said on Tuesday.
Major foreign companies left Iran after U.S. President Donald Trump two years ago abandoned Iran's 2015 nuclear deal with world powers and restored economic sanctions. Washington has since blacklisted dozens of foreign companies accused of cooperating with Iran.
"Recently, contacts about opening offices and the presence of foreign companies in Iran have increased," Rabiei told a news conference that was streamed live on a government website.