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ICHRI

Iran Takes Aim At American Sanctions By Threatening Apple

Bringing Apple officially into the country would be a huge victory for Iran, which has argued that the benefits of signing the nuclear deal and the easing of international sanctions have not brought the expected foreign investment into the country.

August 1st, 2016
ICHRI
August 1st, 2016
By ICHRI
Iranian youth walk in front of a recently opened unofficial Apple reseller.

Officials in Tehran have told Apple that it must open an office in Iran or face a nationwide ban on all Apple products. The ultimatum, officials say, is intended to capture lost tax revenue on the millions of iPhones smuggled into the country every year, but experts say the real goal is to weaken US sanctions that currently restrict investment

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