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22 May 2017 By Andy Critchlow

Reformist Hassan Rouhani was re-elected president in a landslide victory over hardliners. At the same time, U.S. President Trump placed the country firmly back into the “axis of evil”. The former ought to make Iran more investor-friendly, but it’s the latter that will shape its destiny.

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President Hassan Rouhani secured a second term in office in Iranian national elections held last week.

The reformist politician who campaigned on a liberal agenda of opening up Iran’s economy won more than 57 percent of the vote held on May 19, defeating the conservative candidate Ebrahim Raisi.

Rouhani made the lifting of international nuclear sanctions against the Islamic republic a key objective of his first term. Since sanctions were lifted in January 2016, Rouhani has attempted to open up the economy to more foreign investment.

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