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date | event | tags | firsts |
1872 25 Jul
187- |
The Baron de Reuter concession in 1872 was a significant agreement between the government of Persia and a British financier named Julius de Reuter. This concession, sometimes referred to as the Reuter Concession, granted exclusive rights to de Reuter for the construction of a telegraph line that would connect Tehran to the western border with the Ottoman Empire and the right to explore and to exploit various natural resources, including mines and forests, along the proposed telegraph route.
The concession met with controversy and criticism and became a symbol of the encroachment of European powers and their control over Iran's resources and infrastructure. This lead to the re-negotiation of the contract and the terms of the concession were revised to be somewhat less favourable to the concessionaire. [Wikipedia] |
Colonialism and imperialism; History (general); Iran; Iran, General history |
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