In this file photo released by the official website of the Iranian supreme leader's office on Monday, May 27, 2013, supreme leader Ayatollah Ali Khamenei, foreground right, attends a graduation ceremony of a group of Revolutionary Guard members, in Tehran, Iran. Office of the Supreme Leader of Iran
Reuters: Firms linked to Revolutionary Guards to win sanctions relief under Iran deal
Dozens of companies tied to Iran's elite Revolutionary Guards, a military force commanding a powerful industrial empire with huge political influence, will win sanctions relief under a nuclear deal agreed with world powers.
The development is likely to anger critics of the accord, not least in the United States and Israel, but may be welcomed by Iranians eager for Iran to reopen to the outside world. The IRGC will act for Western firms in many ways as a gatekeeper to some of the most lucrative areas of Iran's economy.
Such is the clout of companies with ties to the Islamic Revolutionary Guards Corps (IRGC), which sees itself as the defender of Iran's Islamic revolutionary ideals and bulwark against U.S. influence, that their release from financial curbs could of itself help ease return of swathes of the economy to the mainstream of world trade.
WNU Editor: This Reuters post tries to find a silver lining on how sanctions relief for companies and institutions controlled by the Iranian Revolutionary Guards may actually be a good thing. I am however not that optimistic.
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