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by shadowtree 3120 days ago
True, but careful.

US sanctions still apply, which essentially blocks a major business and money pipe. Includes EU firms, as they need to be able to trade with US.

Also means you can’t partner or sell to US software cos, so no exit strategy.

One of a few countries affected: Cuba, Iran, North Korea, Sudan, Syria, and the region of Crimea.

Rule of thumb: if Salesforce.com is not available, something is not right.

2 comments

This, and the fact that many companies are watching US closely to avoid collateral damage. European banks are an example: they are theorically independent, yet they fear an American slash back on their US operations in case they would go to Iran on their own. Nobody wants to be the new Societe Generale.
thats correct but because of these sanction level, the market of Iran still named as blue ocean I think with little risk every body can get more benefit specially Investors