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On November 24 2014, exactly one year after the signing of the historic Geneva Interim Agreement on Iran’s nuclear ambitions, talks between Tehran and the P5+1 countries (America, Russia, China, the United Kingdom, France and Germany) will formally come to a close.
The dream of a comprehensive deal that normalises relations between Iran and the West still faces immense challenges, weighed down as it is by three decades of open hostilities. Public opinion on both sides remains divided, and the backdrop of a deepening security crisis in the Middle East has injected new complexities. The original, mutually-postponed deadline of 20 July passed without apparent progress.
But, if rapprochement prevails, Iranian President Hassan Rouhani and US President Barack Obama will leave a legacy of renewed economic cooperation between the two countries. Iran’s civil aviation sector and America’s aerospace manufacturing industries stand to be among the main beneficiaries...