Trade with the second-largest country in the Middle East, with a population of 78 million people, is back on the agenda after the lifting of a range of sanctions, according to Australian Government Department of Foreign Affairs and Trade web site.
Sectors identified for good early prospects for Australian exporters include agriculture and food; water sustainability and management; education and skills training; and the health care and well-being sectors.
In the medium term there are also likely to be opportunities for Australian companies in mining and oil and gas-related areas.