Iran is entering a new chapter, diplomatically, politically and economically. The landmark nuclear deal is a reality and as part of that agreement crippling international sanctions have been lifted.
But analysts say the challenge for the Iranian government is only just beginning and it cannot rely on oil exports with today’s low prices, to bolster up the country’s weakened economy
Companies outside Iran in Europe, the US and China say they are eager to do business but for Iranian entrepreneurs there is a more cautious attitude.
“Lifting sanctions was a great success for the government and I should congratulate it , but I think we should not expect quick changes. The effect of lifting sanctions needs time to be fully realised,” said Saeed Yavary who runs a computer company.
Some say newly released funds which were blocked under sanctions will not be seen by ordinary Iranians, but instead will be used to pay off government debts.