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Russia-Ukraine War Could Enhance Prospects of Iran’s Mining Sector

Russia-Ukraine War Could Enhance Prospects of Iran’s Mining Sector
Russia-Ukraine War Could Enhance Prospects of Iran’s Mining Sector

The Russia-Ukraine war, while having a devastating humanitarian impact, presents an opportunity for Iran’s mining sector to grow, says Mohammad Reza Bahraman, chairman of Iran Mine House, in an article for the Persian economic daily Donya-e-Eqtesad. A translation of the text follows: 
World War II, which began in 1939 after a series of political disputes among European countries, affected the beginning of Iran’s industrialization in two phases. It slowed down and disrupted Iran’s international trade. The first phase spanned from the start of the war to the occupation of Iran in September 1941 and the second phase began after the occupation of Iran by the Allied Forces. 
At that time, Iran needed German industries and specialists to establish, equip and maintain its fledgling industries. Severance of ties with Germany as a result of the British naval siege of the country threw the Iranian industry, which had become dependent on German industries, in crisis. 

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