OREANDA-NEWS UK Trade and Investment (UKTI) routinely monitors changes in the global political landscape to ensure that we are ready to support UK businesses in newly-opened markets across the world.

Although a comprehensive nuclear agreement has now been signed with Iran sanctions remain in place. They will continue to be enforced until a number of conditions are met. UKTI is keen to ensure that any plans for future engagement in Iran adequately reflect the needs of UK business.

UKTI is keen to understand:

  • the extent of UK business interest in the Iranian market
  • what kind of support companies might require in the event of financial and economic sanctions relief

Survey on business support in Iran

UKTI has created a survey to help us structure our support to companies in this market in the future. It’s your chance to tell HM government what support you need.

The survey looks at:

  • opportunities
  • barriers to doing business
  • communication channels for keeping up-to-date with information on Iran

All responses will be treated ‘in confidence’.

The deadline for response is 11 August 2015.

Current guidance on sanctions and trade with Iran

Iran is currently subject to one of the most extensive and complex sanctions regimes in the world.

A combination of United Nations (UN), European Union (EU), US and other unilateral sanctions regimes severely restrict trade with Iran. Humanitarian goods such as medicine are explicitly exempt from sanctions.

Phased sanctions relief will increase the number of goods that can be exported to Iran. Dual use goods will continue to be subject to controls.

The Export Control Organisation (ECO) and Foreign and Commonwealth (FCO) have provided guidance on trading with Iran.