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Iran Deal Could Provide Opportunity For U.S. Businesses
The Wall Street Journal, however, reported that Boeing is already involved in selling manuals and charts to Iran and that GE could consider expanding its offerings. Apple, meanwhile, is reportedly in talks with potential Iranian distributors.
The automotive industry, like the aerospace sector, could also benefit from a boom in Iranian purchases.
In addition, experts told CNBC that financial institutions and telecommunications would also likely benefit from the lifting of sanctions, although businesses could initially be cautious in an effort to address concerns from the American public.
"All of the major banking institutions in the industrial world will try to finance and facilitate increased trade with Iran," said Christopher Whalen of Kroll Bond Rating Agency in New York.
The largest economic impact, however, could be felt in the energy sector as Iran's massive oil reserves rejoin the global marketplace.
European oil companies were reportedly in talks with Iran months ago, and U.S. companies could also join those discussions.
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Once Business takes sides, for the GOP, it's all over. Their Gods have spoken.
The Wall Street Journal, however, reported that Boeing is already involved in selling manuals and charts to Iran and that GE could consider expanding its offerings. Apple, meanwhile, is reportedly in talks with potential Iranian distributors.
The automotive industry, like the aerospace sector, could also benefit from a boom in Iranian purchases.
In addition, experts told CNBC that financial institutions and telecommunications would also likely benefit from the lifting of sanctions, although businesses could initially be cautious in an effort to address concerns from the American public.
"All of the major banking institutions in the industrial world will try to finance and facilitate increased trade with Iran," said Christopher Whalen of Kroll Bond Rating Agency in New York.
The largest economic impact, however, could be felt in the energy sector as Iran's massive oil reserves rejoin the global marketplace.
European oil companies were reportedly in talks with Iran months ago, and U.S. companies could also join those discussions.
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Once Business takes sides, for the GOP, it's all over. Their Gods have spoken.