Iran: Opportunities and risks for Austrian companies
Western sanctions against Iran were lifted on the 16th of January 2016 thanks to the Joint Comprehensive Plan of Action (JCPOA) and Iran now once again has access to the world's markets. Things are moving quickly after a long period of stagnation in international relations to Iran: Trips are being taken to sound out the market and international concerns in the region are re-orienting themselves. CMS itself is the first large international law firm to open an independent office in Iran’s capital Tehran. Which opportunities and risks could result from the opening up of this huge market?