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Iran not open for business: David Cohen

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Iran will not be open for business before a comprehensive agreement with Western powers is reached over its nuclear program, David Cohen, U.S. Under Secretary of the Treasury for Terrorism and Financial Intelligence, said in an interview aired by Al Arabiya News on Monday.


“It is certainly premature if anyone is entering in business deals today that are contrary to the sanctions that remain in place,” Cohen told Al Arabiya’s senior presenter Nadine Hani.


“We understand that there is, as you say, enthusiasm in the business community about the possibility that the sanctions will be lifted and that there will be new opportunities in Iran. The only way that is going to come about, however, is if there is a comprehensive agreement,” Cohen added.