Iran’s Nuclear Deal To Boost Korean Construction Business
D-Bo , April 9, 2015, 9:43 a.m.
Korean firms doing business with Iran are gearing up for a wide range of opportunities there, after a nuclear deal with the U.S. and other world powers last week finally allows international sanctions to be eased.
Iran was the fourth largest construction market for Korean builders before international sanctions were imposed in 2006. The easing of sanctions on Iran is expected to open doors for Korea as well with Korean auto parts and steel exporters hoping to reap the benefits of the nuke deal.