The Unfreezing of Iran: Economic Opportunities for Georgia

Abstract

In the aftermath of the Iran deal, there has been considerable speculation about the likely impact of the deal on the Caucasus. In Georgia, there has been speculation about the degree to which Iran could drive economic growth through development of the energy sector by providing a new market for Georgian exports or by becoming a source of FDI or tourists. This article looks at each of these areas and concludes that none of them are likely to be major drivers of growth in the short to medium term.