Erik Arvnes and Maral Mirshahi from KPMG Norway are attending the Europe-Iran Forum (EIF4) in Zürich, the foremost annual gathering of business, political, and civil society leaders dedicated to Iran’s economic growth and development.
With broad sanctions relief delivered in January 2016, Iran’s economic opening is now firmly underway. Major multinationals are establishing new or expanded operations in the country across sectors. The re-election of President Hassan Rouhani has renewed a popular mandate for international engagement and economic reform.
The Europe-Iran Forum has been a milestone event in the course of Iran’s economic opening, establishing itself as an annual event of particular influence and foresight. EIF1, held in 2014, saw the first international business conference with a post-sanctions focus. EIF2, held in 2015, saw the largest ever Iran business conference. EIF3, held in 2016, was the first business conference to bring American and European policymakers into direct dialogue with Iranian business leaders.
EIF4 will help launch the “second phase” of Iran’s post-sanctions growth and development. Iran’s global business partners will have a period of domestic political stability during which the efforts for economic reform and liberalization will find a new momentum. But at the same time, new political risks in the United States and Europe will need to be managed directly to ensure business can proceed as intended. Executives and investors will need to plan their next moves with even greater prudence and a focus on practical action. At EIF4, a high-profile network will gather to debate strategy, forge valuable relationships, and set the agenda for robust growth in Iran.
KPMG (knowhow partner), Manoir Industries, Dentons, Stephenson Harwood, Clifford Chance, and Magnusson formally support the event. Speakers include four Iranian deputy Ministers, five European Ambassadors, KPMG specialists and the highest-level group of business leaders from Iranian and multinational firms ever gathered in one event. Helga Schmid, Secretary General of the European External Action Service and Chair of the JCPOA Joint-Commission, gives the keynote address.
For the fourth Europe-Iran Forum, we are making a special effort to promote greater coordination on issues of cross-sector concern, such as financial challenges, industrial policy issues, regulatory ambiguity, and lingering sanctions risk.
Our Oslo based practice is the leading corporate intelligence consultancy in Norway. We have delivered a significant volume of integrity due diligence reports to help companies engage with the right partners in Iran, ranging from oil and gas, renewable energy, seafood, the sciences, to banking. We offer a full suite of market entry advice, including how best to secure financial transactions between Europe and Iran.
Read more about our services: Entering Iran - Knowing your Business Partner (pdf.)
Please do not hesitate to contact us if you want to discuss risk navigation in Iran or elsewhere in the world.