The Dialogue of Civilizations Research Institute will have a workshop on 14 September on doing business in Iran. The workshop is designed for executives and strategists from international companies who are seeking to expand their business in the Middle East, as well as for owners of Mittelstand companies looking for more international opportunities.

The benefits of the workshop will be learning how to navigate a business landscape evolving from socialism to a free market, learning what to trade in and what to invest in beyond oil and energy, and also learning how to operate and interact within Iranian customers and businessmen.

For international trade with Iran, it is important to understand the political system of the Islamic Republic of Iran. The modern Iranian state is unique in that it understands and structures itself as being both ideological and Islamic, yet in-depth analysis shows that it bears much more resemblance to Western democracies in foundations and operations than is usually thought. If electability of power is used as a criterion for democracy, Iran is quite a vibrant one, with strong public campaigns for national and regional institutions, and with a market of 80 million people and a GDP amongst the world’s top-20, Iran can be likened to the combined markets of Eastern Europe in the early 1990s.

The industrial assets of the country need a significant overhaul, and applying modern IT technologies for the sake of business management is also an imperative for keeping up with international industrial competition. Iran consistently maintains a ratio of investment to GDP at around the range of 30%, meaning that there is some USD 140 billion a year in opportunities in the development of fixed industrial assets and infrastructure. In terms of infrastructural development, there is a portfolio of projects worth USD 10 billion until 2020 that aims to create new major trade routes through Iran from Western Europe to China, India, and East Africa.

PLEASE REGISTER in order to participate.