On our web site, you will find information about doing business with Iran, the role of The British Iranian Chamber of Commerce, our counterpart in Tehran, as well as details about services and membership.
President Trump has not quite torn up the Iran nuclear agreement but taken a big step towards getting others to do so. The President will be seen as undermining trust in the United States. Why should anyone ever make an agreement with the US again?.
The decision was made against the advice of Trump's own Secretary of State, and all the European participants in the negotiations. No one other than President Trump believes Iran has broken the agreement. Who should we believe the IAEA or the US President? His decision will undermine the position of the pragmatic President of Iran who wants to open the country up to the rest of the world.
Lord Lamont of Lerwick - October 2017
Despite the potential difficulties for the future raised by President Trump's statement on 13th October, Iran remains open for business. Overseas traders and investors from countries around the world are being welcomed with open arms and this can be expected to continue.
BICC believes that trade and investment between countries fosters understanding between them. With understanding, tensions can be reduced; something badly needed in the Middle East in these times.Lord Lamont of Lerwick - October 2017
We welcome the recognition of the Financial Action Task Force (FATF) that Iran has a high level of political commitment to addressing AML/CFT issues, and in seeking technical assistance in the implementation of the Action Plan and the consequent FATF decision to suspend counter measures. Click here to see FATF’s statement
On 5th July Infrastructure Exports: UK was launched to support UK exporters targeting global infrastructure projects. click here to view press release
To the Iran Petrochemical Value Chain Summit in Vienna on the 6th July 2017 - click here
The US Treasury Department has updated it's guidance on due diligence and USD-Denominated transactions.
BICC requires all Members, as a term of Membership, to observe applicable UN, EU and UK sanctions and recommends that they take account of US and other sanctions law where it might affect them directly or indirectly.
BICC is able to provide understanding of the sanctions and help in compliance.
For a comprehensive view on this subject, please go to our trade restrictions page.
BICC wishes Members a restful seasonal break at the end of December, due after a busy 2017, and a time in which to contemplate 2018.
30th July 2017: Financial Tribune - British Trade Envoy’s Take on Iran Banking Hurdles
1st May 2017: Financial Tribune - Iran Courting UK Investment Banks to Attract Foreign Investment
16th April 2017: The Telegraph - UK cautiously eyes $600bn opportunity in Iran investment drive
12th April 2017: Financial Tribune - Interview: British Trade Envoy Gauges Iran Ties
1st February 2017: Lord Lamont gives evidence on the transformation of power in the Middle East and the implications for UK foreign policy to the House of Lords Select Committee on International Relations. click here to download PDF of transcript.
24th October 2016: John Kerry and Mohammad Javad Zarif named winners of the Chatham House Prize 2016 click here to read more.
8th October 2016: U.S. Loosens Iran Sanctions to Smooth Dollar Transactions:- click here to read more.