Probable U.S. Exit From JCPOA Not to Harm Iran Bourse

Date: 06 May 2018 - 21:23

News ID: ۵۲۶۱۹

TEHRAN (Dispatches) – The CEO of Iran's Securities and Exchange Organization Shapour Mohammadi said on Sunday that a probable U.S. withdrawal from Iran nuclear deal – known as JCPOA – will not damage Iran's security market.
Mohammadi said that Iran's capital market is highly profitable and therefore the U.S. probable exit from JCPOA is not a source of serious concern.

In January 2017, the U.S. President Donald Trump has warned to walk away from Iran nuclear deal that the former U.S. administration along with other five world's six major powers signed with Iran in 2015.

Trump has set May 12 as the time when he will finally decide whether he will continue to respect Iran deal or walk out of it.

"The effect of Trump's decision is of little significance and what determines the future of capital market is the profitability of the companies,” Mohammadi said.

Noting that the Iranian economy is much stronger than before and the companies' profitability has improved compared to previous years, the official said: "I vow that even if the U.S. walks out of the JCPOA, we will stay by foreign investors.”