Iran: Call for companies & investors to carry out due diligence for sustainable commercial relationships
"Opportunities of business in Iran and Human Rights: a heightened duty of diligence", 27 Jan 2016
France is going to define its National Action Plan on Business and Human Rights. The raise of Iran's economic sanctions and the respect of the demilitarization nuclear agreement are leading the future investors to a hazardous Iran Rush...The country will need infrastructures, technology, financing and services. Many opportunities, but a lot of risks as well. Iran...infringes labour rights...including discrimination at work, lack of unionization, non-access to professions for women, child labour. Before putting money into a country with perfectible governance regarding in Human Rights, companies and investors have to take measures and diligences about Human Rights...They really have to go beyond the regulatory setting to establish a commercial relation with this country. Foreign investors have to express their requirements to their commercial partners and public authorities in order to establish a sustainable commercial relationship...