Iran's economic recovery from sanctions won't come overnight, experts say

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Media Outlet: LA Times

The American business community in particular has been taking a wait-and-see attitude before sinking major capital into joint ventures with Iran in the limited spheres allowed under the U.S. trade embargo, said Suzanne DiMaggio, director of the Iran Initiative at the New America think tank.

“Clearly there’s a lot of anticipation because Iran represents a great potential market for U.S. products and services,” DiMaggio said, noting that Iran’s population is highly educated, largely urban and young — 60% are younger than 30.



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Suzanne DiMaggio is a director and senior fellow at New America, where she focuses on U.S. foreign policy, the Middle East, and Asia.