Iran forecasts best economic progress in 2016

(MENAFN) Iran is looking forward to the removal of international sanctions, as it greatly forecasts that it will gain its utmost regional growth and development in the following year.

Additionally, the oil rich Islamic republic will be able to take up new possibilities and access to overseas resources which were inaccessible due to the sanctions therefore export more oil.

Accordingly, the nation has already witnessed the economic improvement after the lifting of some prohibitions enforced earlier against the country, such as boosting its banking sector.

Furthermore, the nuclear agreement with world powers will allow Iran to restore crude oil exports, attract foreign investment, and establish economic relations with the world.