A brief period of optimism after the 2015 nuclear deal gave way to a gloomier economic outlook when former US President Donald Trump resumed sanctions.
Reza Ghiabi commented the subject and has been published in “Iran start-ups battle brain drain and US sanctions” by Reza Khaasteh on the Middle East Eye.
“The high level of tension between Iran and the West has increased the likelihood of internet restrictions,” says Iranian business developer Reza Ghiabi. He further says that an internet shutdown, like the one in November 2019 which came in response to the nationwide fuel protests, is a “grave operational and financial threat to Iranian start-ups”.
“The stakes rose unreasonably even for the most daring investors, who were willing to take risks for long-term yields in Iran,” says Reza Ghiabi, an Iranian business developer. “Political tensions grew out of proportion in the eyes of investors.”