(MENAFN) As the nation is finally emerging from years of sanctions and pursuing to put its economy on robust footing, Iran is currently holding extensive discussions to get its 1st credit rating.

It's worth mentioning that the Islamic Republic is being portrayed as the largest emerging market closed to business since the collapse of the Soviet Union, with a remarkable amount of energy resources.

In accordance, a debut credit rating would substantially help the Republic put itself on the global map for investment and business and cast off reservations held by global firms about entering its market.

The Persian Gulf oil/rich nation has signed and expects to sign many agreements with top European countries to eventually simplify the financing of exports and ease the impact of banking restrictions on trade.