Tehran

Iran: Trade deal could take Tehran further into Russian orbit, GCC talks


Risk Management Reports
Issue 1165 - 13 Mar 2023 | 3 minute read

Risk Grade D↓5

Free trade deal taking Tehran further into Russia’s orbit: Tehran continues to negotiate a free trade deal with the Eurasian Economic Union (EAEU), with local media suggesting an agreement may be signed later this year. Six rounds of talks have been held, following a temporary agreement signed in May 2018 which came into force in 2019.

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Risk Management Report grades

GSN risk grades are intended to provide a broad guide to political and economic stability.

Political risk
Rated according to six grades, from A (most stable) to F (failed state).

Economic and financial risk
Graded from 1 (wealthiest/most sound financials) to 6 (bankrupt).

The grades are intended only to offer an immediate gauge of where risk stands in the regional pecking order. An A or 1 grade does not mean the polity is devoid of risk.

To provide a degree of nuance, risk grades also use trends arrows which go upwards (↑) or downwards () to denote cases where momentum is positive or negative.

The grades do not change regularly: upgrades and downgrades are intended to reflect long-term trends or the impact of an exceptionally changed situation.