Tuesday, July 14, 2015

Iran: “With the gradual withdrawal of sanctions, export Italian +3 bn” – TGCOM

– The agreement on the Iranian nuclear issue could lead benificio a 3 billion euro to Italy. According to the report published by Sace, a group that provides a wide range of insurance and financial products, the lifting of sanctions against Iran will affect Italian exports in the next four years. The percentages will rise from ’1.1% in 2014 to 2, 5% in 2018.

 Iran, with the gradual lifting of sanctions, export Italian +3 bn

Italy is affirmed among the major trading partners of the country, despite the tightening of sanctions occurred in 2011. In addition, companies will have to regain Italian with fatigue all lost market share and gain the competitive markets of China, India, Russia and Brazil. Immediate benefits will mainly oil trading, the hardest hit by international sanctions, and other sectors such as the car market with two million vehicles a year, the defense with the army to renew, transport with trains and planes.

A set of investments that are unlikely to equate the losses caused by the measures taken against Iran. Since 2011 there have been sharp declines in growth industries: Italy could accumulate about 17 billion euro from 2006 to 2018 thanks to higher exports.
“The country has a number of important competitive advantages but also a number of risks that Italian companies can not and should not ignore”, these are the raccomdanazioni of Sace, for an economic yet to be determined.

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