Iran UK

Iran-UK trade hits $105 million in 2023: Statistics

The UK Department of Trade and Industry noted has reported a 4% year-on-year increase in trade exchanges with Iran in 2023, saying bilateral trade between the two countries reached $105 million last year.

Trade

Iran-UK trade more than tripled after Brexit

The volume of exchanges between Iran and the UK has more than tripled in the post-Brexit era, according to a report by the British Department for Business and Trade published by Iran’s state news agency (IRNA) on Wednesday.

Trade

Iran, UK private sectors eye sanctions relief, discuss trade ties

Businesses from Iran and the United Kingdom as well as UK government officials have attended meetings in the embassies of the two countries in Tehran and London to discuss potentials for increased trade and economic cooperation in the near future.

Trade

UK embassy in Tehran reopens visa office after 11 years

The British embassy in Tehran announced on twitter that it has resumed issuing visa for Iranian citizens 10 years after the embassy shut down its visa office.

Society Economy

British Iranian Chamber of Commerce rejects reports it has closed down for good

The joint chamber of commerce between the UK and Iran says its has only closed its London office in a bid to reduce costs and that all activities will be held online.

Joint Chambers

INSTEX will provide opportunities for British firms to engage with Iran: UK Commissioner

Simon Penney, the British government’s Trade Commissioner for the Middle East, Afghanistan and Pakistan has said in talks with Hossein Selahvarzi, Vice President of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) that European financial mechanism can facilitate trade with Iran.

Video

Iran, the one country in region British firms keen on doing business with: UK commissioner

Simon Penney, the most senior British trade commissioner is in Iran in a bid to see for himself trade and business opportunities with for UK-based companies in Iran. He reiterated that British firms are very keen on developing their business ties with Iran from all the countries in the region.

Trade

UK trying to maintain trade, banking ties with Iran

Britain is reportedly trying to maintain trade with Iran in face of returning US sanctions and is even seeking tips from Japan on how to dodge US bans without being implicated.

Trade

UK companies eager to enter Iran: envoy

The UK says its companies are eager to enter Iran while the British government is trying to facilitate banking transactions with Tehran.

Iran Chamber