“Twenty-five British companies were in Tehran this week on a trip organised by the British-Iranian Chamber of Commerce
Major British and European banks want greater clarity on how sanctions on Iran will be lifted before they investigate openings in the country, the head of a recent UK delegation to the Islamic Republic said.
Twenty-five British companies were in Tehran this week on a trip organised by the British-Iranian Chamber of Commerce. But leading banks weren’t among them, Richard Dalton, a former UK ambassador to Iran and chamber president, said in an interview in Tehran. Nor were oil majors BP and Shell, he said, though both have said they’ve visited Iran in recent months.”
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