Iran Anticipates Arrival of Western Firms

The Financial Times has an interesting piece on the perceptions of US and other Western companies among the Iranian populace. The article asserts that Iran’s roughly 80 million consumers are eager to see sanctions removed and for US firms to begin operations in the country. They also expressed interest in the arrival of German and UK firms, and imputed high quality and reliability with goods from these companies.

The article alleges that these perceptions could signal a reduction in both China and India’s current share of the Iranian market. China currently supplies roughly 18.6 percent of all of Iran’s imports, while India supplies approximately 6.4 percent. The FT article indicates that only a small minority of Iranians believe Chinese products to be high quality, while an even smaller minority used the same words to describe Indian products.

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