Sanctions: Iran

Department for International Trade written question – answered on 19th October 2018.

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Photo of Lord Campbell of Pittenweem Lord Campbell of Pittenweem Liberal Democrat Lords Spokesperson (Defence)

To ask Her Majesty's Government what steps they are taking together with other members of the European Union to mitigate the effects of the imposition of sanctions on UK companies doing business in Iran.

Photo of Baroness Fairhead Baroness Fairhead The Minister of State, Department for International Trade

We are working closely with the EU Commission and other member states to mitigate the impact of US sanctions on businesses continuing to trade with Iran. This involves delivering a special purpose vehicle to support European companies engaged in legitimate trade with Iran, raising with the US the need to make allowance for trade in humanitarian goods, and updating the Blocking Regulation.

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