Oil and Gas Trade Delegation to Iran 21st - 26th July 2016
In association with the Aberdeen and Grampian Chamber of Commerce, the British-Iranian Chamber of Commerce is planning to host an oil and gas focussed trade delegation to Iran for 5 days from 21st July 2016. click here for more
2nd Iran Mines & Mining Industries Summit
11th - 12th July, 2016
Entitled 'Exploration, Investment & Development', to be held at IRIB International Conference Centre, Tehran. click here for more
29th January 2016 - BICC Members' Meeting
Members were privileged to briefed, soon after Implementation Day, on the implications of the lifting of sanction by: George Sherriff, of the Iran Unit, Foreign & Commonwealth Office; Evan Warren, of the HM Treasury sanctions team; and Edward bell, head of Export Control Organisation, the government’s regulator for military and other sensitive exports. We very much appreciated the time they gave to this briefing.
The questions ranged over many matters, all of which were covered in the following links:
The BICC: Bridging Business With Iran
On our website, 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.
Understanding Implementation Day
Following the lifting of sanctions on 16th January, Export Control Department has published guidance.
The best place to start to gain an understanding of what's what is to read Monday's Notice to Exporters which sets out what's now free from control, what's now subject to licence and what prohibitions remain. The sanctions introduced - mostly related to finance and energy - have been lifted altogether. An arms embargo remains in place. For a very high level overview take a look at the Government's press release and for more check out the updated Iran embargoes and sanctions page on GOV.UK
For a summary of 'Implementation Day' sanctions relief from W Legal, click here
Frequently Asked Questions relating to the lifting of US sanctions under the Joint Comprehensive Plan of Action (JCPOA) on Implementation Day.
Information Note on EU sanctions to be lifted under the Joint Comprehensive Plan of ACTION (JCPOA), click here
Lord Lamont Becomes Trade Envoy to Iran
I am sure you will be pleased to know that Lord Lamont, the chairman of our Chamber, has been appointed the Prime Minister's Trade Envoy for Iran.
A new whole-of-government approach to boosting British Exports, through a focus on priority markets and sectors, has been introduced - Prime ministerial trade envoys are an important element of this. UKTI will be at the centre of this new approach, overseeing and coordinating export performance on behalf of the cross-government Exports Implementation Taskforce, led by Business Secretary, Sajid Javid.
Lord Lamont's appointment will further strengthen the links between the Chamber and the Government. Lord Lamont will be working closely with BIS and UKTI. Lord Lamont said "this is an exciting time in economic relations between the two countries. I am looking forward to getting even more involved in deepening the relationship between the UK and Iran through promoting economic activity more widely - there are huge opportunities in commerce and trade for both countries".
A Message From Our Chairman
I welcome the excellent news that implementation of the Joint Plan of Action (JCPOA) between Iran and the P5 countries was announced on Saturday evening. This means that a wide range of sanctions on Iran are now lifted.
It means that after some 10 years of isolation Iran will re-join the international community. The lifting of sanctions will relieve pressure on Iran's economy offering significantly better economic prospects for its population as a whole. In addition to improved security for the world, because Iran has complied with its part in the terms of the JCPOA, it also means that the companies of Europe, will be able to trade more widely with Iran thereby increasing employment in Europe. I believe UK companies can and will play their part in the re-opening of Iran to trade and commerce.
Lord Lamont - 17th January 2016
BICC Members met H.E. Dr Mohammad Javad Zarif, Iran’s Minister of Foreign Affairs, at the House of Commons on 4th February 2016. This was at the invitation of the All Party Parliamentary Group on Iran. Dr Zarif made comments on the nuclear negotiations with the P5 group of countries, Iran’s counterparts in the negotiations,commented on regional events, answered many questions and received a standing ovation when he arrived and when he left.
Iran is world's biggest emerging market since collapse of Soviet Union, says BICC Chairman Lord Lamont, Click here to read the Independent article
Martin Johnston, BICC Director General, and Nigel Kushner, BICC Director, will be speaking at UKTI West Midlands in Birmingham on 3rd February, Click here for details
January 20th 2016: FT's report of Lord Lamont's appointment as UK Trade Envoy for Iran.