E-Tools

Iranian businesses concerned Trump will boost sanctions NHK

Iranian businesses are concerned that Donald Trump's return to the US presidency could lead to further economic sanctions against Iran.

A trade fair currently taking place in the Iranian capital, Tehran, is aimed at strengthening economic ties with Russia.

About 70 Iranian companies and roughly 40 Russian companies are participating in the event.

Representatives of the Iranian firms voiced concern that Trump will strengthen economic sanctions as he took a hardline stance toward Iran during his first term in office.

They expressed their willingness to expand their business with Russia to counter any such moves.

The operator of an Iranian medical equipment maker says his company would definitely have serious setbacks when it comes to exporting its products.

He said he hopes the governments of Iran and Russia will cooperate to solve the problems.

During his first presidency, Trump unilaterally withdrew from a nuclear agreement with Iran and reinstated economic sanctions.

That prompted Iran to strengthen economic ties with Russia and China.
Summary
Iranian businesses, particularly those in the medical equipment sector, express concern over potential increased economic sanctions under Donald Trump's second presidency. To counteract this, they are seeking to strengthen economic ties with Russia, as demonstrated by a trade fair in Tehran
Statistics

162

Words

1

Read Count
Details

ID: 38377188-29fa-4d04-9666-e1681a4fe56f

Category ID: nhk

URL: https://www3.nhk.or.jp/nhkworld/en/news/20241113_B02/

Created: 2024/11/13 19:00

Updated: 2025/12/08 08:55

Last Read: 2024/11/14 07:58