World Bank keeps its distance from Iran
The World Bank aims to eradicate global poverty, but its push stops at the Iranian border despite the easing of sanctions against Tehran and the country’s pressing economic needs. The Washington-based development bank seems reluctant to re-engage in a country where it stopped all new projects in 2005 in compliance with the international sanctions imposed over Iran’s nuclear program. But since those sanctions were removed in January in the wake of a nuclear deal between Tehran and world powers, the World Bank has not shifted. “We’re ...
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