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Amidror: Why Iran's Economic Recovery Is Slower than Expected
(Jerusalem Post) Yonah Jeremy Bob - Former Israeli national security adviser Maj.-Gen. (res.) Yaakov Amidror recently told the Jerusalem Post that Iran has not benefited as quickly from sanctions relief as he expected. He said "investors are facing two dangers....All of Iran is corrupt and inefficient," which is one reason why investors are choosing to wait on the sidelines for now. Investors' fears are standard with any country with wide corruption and predictability issues. The second reason, Amidror said before the U.S. elections, is that many investors were waiting until "after the U.S. elections, when the U.S. situation is clear....Investors want to see there will not be a big change. Everyone sees they continue with rocket-testing and sending and assisting terrorists all over the region. So investors worry that due to Iran's behavior, that the U.S. will do something."