Lifting Sanctions Would Be Watershed Moment For Iranian Businessman

April 5, 2015 11:34 AM

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This is WEEKEND EDITION from NPR News. I'm Rachel Martin. There is no deal yet, but the framework announced last week to rein in Iran's nuclear program is the closest thing to a deal the international community has come up with an almost two years of diplomatic wrangling. If the current proposal is agreed upon, Iran will cut its existing centrifuges by two thirds, reduce its current nuclear fuel stockpile and the country will promise not to build new enrichment facilities for 15 years. In exchange, the U.S. and allies will list some of the sanctions that have constricted Iran's economy for decades. Rouzbeh Pirouz is an Iranian investment fund manager who also helped found the Iranian Business School. He watched the negotiations closely and had been anticipating a deal for months.

ROUZBEH PIROUZ: We've been waiting for the news for such a long time. I was actually on a flight when it was actually announced. But as soon as my plane landed in Spain, I turned on my phone, and it rang almost immediately. And my wife was on the line telling me that a deal had been announced.

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