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Iran: New government and NOC, with hopes for increased growth

Presidential election: Moderate Kurdish candidate Barham Salih was elected federal president on 2 October, heralding the potential end to a long period of political uncertainty following elections in May. The post of president is typically held by a Kurd as part of efforts to provide a political balance among the country’s various sectarian groups. Patriotic Union of Kurdistan (PUK) candidate Salih easily beat his main rival Fuad Hussein of the Kurdistan Democratic Party (KDP), securing 219 votes to Hussein’s 22.

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