Concerns that the lifting of sanctions on Iran could result in a surge in Tehran’s defence spending, threatening other countries in the region, have been played down by the former head of the US Navy’s Fifth Fleet. Iran is expected to get a windfall of up to $150 billion as a result of sanctions being lifted, in exchange for allowing the International Atomic Energy Agency greater access and information to its nuclear programme, said a report in the Gulf Daily News (GDN), our sister publication.

 

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