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Europe's Move Could Have Benign Effect on Iran's Risk Ranking

Finance Desk
The expected trade mechanism which the European Union is working on could have a positive effect on Iran risk rating outlook
Europe's Move Could Have Benign Effect on Risk RankingEurope's Move Could Have Benign Effect on Risk Ranking

As the US ramps up its hostility against Iran, several economic sectors have taken a hit. One among many is the global risk rating.
Among the benefits of the 2015 nuclear deal Iran signed with world powers in 2015 was the lowering of the country's Country Risk Classifications by the Organization for Economic Cooperation and Development. 

As of October, OECD decided to keep Iran's risk rating unchanged, but according to Arash Shahr-Aeini, deputy head of Export Guarantee Fund of Iran–the country's Export Credit Agency– Iran's immediate outlook leaves much to be desired in the face of the open-ended and visibly unending US animosity. 
"However the expected trade mechanism which the European Union is working on could have a positive effect on risk rating outlook, Shahr-Aeini told the Financial Tribune. 

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