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If key economic sanctions are lifted in the near future, this could significantly boost long-term bilateral trade opportunities between the Asia-Pacific region and Iran.
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Brokerage Renaissance Capital predicts $1 billion will flow into Iran in the first year after sanctions end, although that is not likely to happen for months and may not occur in one go.
The stock market will remain closed until further notice.
India also represented the G77 countries and along with China, it reflected a strong and shared stand on the issues of international tax architecture where it disagreed with the Organisation for Economic Cooperative and Development.