Tehran is dangling access to its vast oil, gas and mineral reserves, but analysts warn that even this may fail to ‘move the needle’ in talks
But though the approach “sets the right tone”, deep mistrust and domestic political opposition on both sides mean there is no guarantee of success.
“For the sake of an agreement’s durability, it is essential that the US also benefits in areas with high and quick economic returns,” Iranian foreign ministry official Hamid Ghanbari said on Sunday, as reported by the semi-official Fars news agency.
Ghanbari, the ministry’s deputy director for economic diplomacy, stressed that “common interests” in oil, gas and mining investment were now part of the talks.
Source: News - South China Morning Post
