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In Tehran, Optimism in Wake of Nuclear Deal
The nuclear deal between Tehran and the so-called P5+1 — the United States, Britain, China, France and Russia, plus Germany — is spurring hope of some revival1 for Iran's struggling economy.
On the streets of Tehran, and in the bazaars2, there seems to be a newfound confidence — particularly for consumers such as Nahid Habibi, a Tehran resident who is perusing3 gold jewelry4.
"People have more motivation to buy. There is more confidence among shoppers," she says. "I personally feel that it is less likely that I lose out if I buy merchandise."
Even currency dealers6 who have seen the rial's value dive by 80 percent compared to the U.S. dollar are optimistic.
"The good atmosphere is the result of the talks, it can't be more obvious," said Hossein, a currency dealer5 who chose to withhold7 his last name.
While the Geneva talks resulted in an agreement by Tehran to freeze key aspects of its nuclear program in exchange for an easing of sanctions on gold, the auto8 sector9 and petrochemical exports — providing about $1.5 billion in revenue — whether results will meet expectations of the average Iranian citizen is less than certain.
While the interim10 deal will ease some of the crippling sanctions so long as Tehran officials make good on promises to limit or freeze some nuclear activities, the question of whether it will help the country's struggling economy remains11 to be seen.
"I think the average Iranian has very high expectations for what this will mean for them in a day to day basis. And in terms of what they are going to experience in the days, weeks and months to come, it's going to be very, very little," says Matthew Levitt, Director of the Stein Program on Counterterrorism and Intelligence the Washington Institute for Near East Policy.
That could leave Iranian President Hassan Rouhani with a "crisis of rising expectations," Levitt says, forcing him to finalize12 a deal with world powers or put Iran into spin mode, finding ways to blame the West for a failure to reach any final agreement.
But it's not just Iranians who are getting their hopes up. Plenty of international businesses are also starting to eye the possibilities in a country where experts say there is plenty of demand for American goods.
"I don't see an immediate13 gold rush into Iran, but I certainly see companies being interested in it and looking at it," says Clif Burns, an export law attorney at Washington-based firm Bryan Cave. "As the sanctions progress, they will explore more activity in Iran."
While U.S. officials say that so far nothing has changed and trade embargoes14 remain firmly in place, some Iranians already see signs of hope.
“The only thing that I do get worried about when I go to Iran is the effect of sanctions on the airlines — with Iran Air, where the planes are actually going to have a malfunction15 because of not getting the part because of sanctions," said Ali, an Iranian-American graduate student who spoke16 to VOA on the condition he not be identified to protect friends and family in Iran."
Those worries will ease as the interim deal signed by Iran and world powers allows for some safety-related repairs and inspections17 inside Iran for certain Iranian airlines.
1 revival | |
n.复兴,复苏,(精力、活力等的)重振 | |
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2 bazaars | |
(东方国家的)市场( bazaar的名词复数 ); 义卖; 义卖市场; (出售花哨商品等的)小商品市场 | |
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3 perusing | |
v.读(某篇文字)( peruse的现在分词 );(尤指)细阅;审阅;匆匆读或心不在焉地浏览(某篇文字) | |
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4 jewelry | |
n.(jewllery)(总称)珠宝 | |
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5 dealer | |
n.商人,贩子 | |
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6 dealers | |
n.商人( dealer的名词复数 );贩毒者;毒品贩子;发牌者 | |
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7 withhold | |
v.拒绝,不给;使停止,阻挡 | |
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8 auto | |
n.(=automobile)(口语)汽车 | |
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9 sector | |
n.部门,部分;防御地段,防区;扇形 | |
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10 interim | |
adj.暂时的,临时的;n.间歇,过渡期间 | |
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11 remains | |
n.剩余物,残留物;遗体,遗迹 | |
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12 finalize | |
v.落实,定下来 | |
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13 immediate | |
adj.立即的;直接的,最接近的;紧靠的 | |
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14 embargoes | |
贸易禁运令,禁运( embargo的名词复数 ) | |
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15 malfunction | |
vi.发生功能故障,发生故障,显示机能失常 | |
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16 spoke | |
n.(车轮的)辐条;轮辐;破坏某人的计划;阻挠某人的行动 v.讲,谈(speak的过去式);说;演说;从某种观点来说 | |
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17 inspections | |
n.检查( inspection的名词复数 );检验;视察;检阅 | |
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