Assuming that Iran's negotiations with US lead to a lasting agreement, the real challenge is not securing the deal itself but being prepared to use it as a catalyst for sustainable economic development rather than a temporary recovery.
To enable Iran to use this opportunity to transition from a "crisis-management economy" to a "development-oriented economy," the following four strategic priorities should be placed at the forefront of policymaking:
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1- Implement structural reforms to improve the business environment, strengthen legal protections, and enhance regulatory transparency in order to attract and retain long-term foreign investment.
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2- Manage oil revenues and foreign exchange inflows carefully to avoid Dutch disease by directing funds toward productive sectors, advanced technologies, and economic diversification instead of consumption.
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3- Align economic policies with labor market needs through workforce reskilling and job guarantee programs to reduce structural unemployment and integrate skilled workers into global value chains.
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4- Maintain a diversified foreign economic strategy by expanding ties with both Western countries and emerging markets to preserve strategic autonomy and reduce dependence on any single economic bloc.
Ultimately, any agreement should be viewed not as the destination, but as the foundation. Success will depend on whether Iran uses this foundation to implement structural reforms and build a more diversified, resilient, and competitive economy—or merely to repair past damage while continuing the policies and practices of the past.
Source: https://donya-e-eqtesad.com