Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

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PWC - Business Halt

description

Following rival KPMG, PWC has decided to withdraw from Iran by cutting ties with subsidiary firms in the Islamic Republic.  This recent halt in business, combined with Ernst and Young's decision to exit the country means that none of the big four accounting firms are currently operating in the Islamic Republic.

Status

  • Current Status:
  • Discussion Date:
  • Contract Date:
  • Completion Date:

Citation

1. Peter Baker, "Companies Feeling More Pressure to Cut Iran Ties", New York Times, April 23, 2010, available at http://www.nytimes.com/2010/04/24/world/middleeast/24sanctions.html?scp=...

2. "Ernst and Young and PWC join KPMG in declaring themselves free of Iran business ties", Euroinvestor UK, April 26, 2010, available at http://www.euroinvestor.co.uk/news/story.aspx?id=11020514&bw=20100426006385

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