TEHRAN, July 15 (UPI) -- With the removal of economic sanctions against Iran, part of the sweeping nuclear deal agreed to earlier this week, Iranians are primed to start spending.
The country, whose economy has been reduced by 20 percent since 2012, is poised to recover over $100 billion in assets currently frozen by sanctions, and to begin importing and exporting products otherwise banned from the marketplace. Oil is Iran's major export, but pistachios, Iranian caviar and Persian carpets have also been off the global market.