Watching the home front

- Risk Staff
- 01 Sep 2003

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Iran’s relative success in recent years in attracting foreign investment to its energysector may be coming to an end. The international community’s concern overthe country’s nuclear ambitions and internal unrest is causing companiesto think twice before pledging capital.

Over the past six years, Iran has reached agreements with foreign companies fora cumulative $20 billion of capital investment in the oil and natural gas sector,despite US sanctions. The Iran-Libya Sanctions Act (ILSA), first

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