Iran: Economic growth will defeat extremism in Middle East

Only weeks after financial sanctions were rolled back following the implementation of its nuclear deal with world powers, Iran is embarking on a mission to rebuild relationships with the West. Iranian President Hassan Rouhani is on a four-day trip to Italy and France giving the message that generating economic growth in the Middle East is crucial to defeating extremism. Rouhani is putting forward his country as a regional trade hub and pillar of stability. This week Italy has already announced some 17 billion euros ($18.4 billion) of business deals with Iran. Mega contracts are also in the offing in France, reflecting EU countries’ keenness to cash in on the diplomatic thaw with the Islamic Republic.

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Iran: Economic growth will defeat extremism in Middle East

Only weeks after financial sanctions were rolled back following the implementation of its nuclear deal with world powers, Iran is embarking on a mission to rebuild relationships with the West. Iranian President Hassan Rouhani is on a four-day trip to Italy and France giving the message that generating economic growth in the Middle East is crucial to defeating extremism. Rouhani is putting forward his country as a regional trade hub and pillar of stability. This week Italy has already announced some 17 billion euros ($18.4 billion) of business deals with Iran. Mega contracts are also in the offing in France, reflecting EU countries’ keenness to cash in on the diplomatic thaw with the Islamic Republic.

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