First British trade delegation to visit Iran next week

The first high-ranking British trade delegation to visit the Islamic Republic following the conclusion of Iran’s nuclear talks with the six world powers is due to arrive in Tehran next week.

According to the Iranian media, the British delegation will have 24 members representing the country’s investment and trade companies, and is scheduled to arrive in Tehran on October 2.

The delegation will be headed by Director General of the British Iranian Chamber of Commerce Martin Johnston, and will also include London’s former ambassador to Iran, Richard Dalton.

Members of the delegation will include representatives of a number of British companies active in the field of oil and gas industry, whose main goal is to discuss participation in Iran’s oil and gas projects.

This is the first British trade delegation to visit Iran in a decade.

The visit comes following a flurry of visits to Iran by political and economic delegations from various European countries after the conclusion of nuclear talks between Iran and the P5+1 group of countries – the US, the UK, France, China, and Russia plus Germany – in mid-July, which led to the signing of an agreement between the two sides known as the Joint Comprehensive Plan of Action (JCPOA).

According to JCPOA, the six countries have agreed to remove sanctions against Iran’s economic sectors, including oil and gas industry, in return for limitations in Iran’s nuclear program.

The visit also comes after the reopening of the British embassy in Tehran by the country’s Foreign Secretary Philip Hammond in late August.

During his two-day stay in Tehran, the British foreign secretary held talks with a number of high-ranking Iranian officials, including Minister of Petroleum Bijan Zangeneh.

Following the meeting, Zangeneh told reporters that in order for the British companies to be successful in Iran, they must endeavor to promote joint production because conditions have changed in the country and the British side cannot simply view Iran as a market where it can sell its products.

By Press TV