If Iran keeps its end of the bargain, the West may further open its markets to Iranian goods.
![A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, east of the Strait of Hormuz [REUTERS]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2016/02/5edae406734046a89271c45b3709b6d6_18.jpeg?resize=270%2C180&quality=80)

Shantayanan Devarajan is the Chief Economist of the World Bank's Middle East and North Africa Region.
If Iran keeps its end of the bargain, the West may further open its markets to Iranian goods.
![A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, east of the Strait of Hormuz [REUTERS]](https://aljazeeranews-3fuh52rgrl.edgeone.app/wp-content/uploads/2016/02/5edae406734046a89271c45b3709b6d6_18.jpeg?resize=270%2C180&quality=80)