Britain trying to sort out banking problem with Iran: British trade envoy to Iran

London, Feb 6, IRNA - Norman Lamont, British trade envoy to Iran expressed hope for normalization of Britain's economic relations with Iran and said that the British government is trying to sort out banking problems as quickly as possible.

Speaking to IRNA on the sidelines of Iranian Foreign Mnister Mohammad Mohammad Javad Zarif’s visit to the UK, Lamont, Chairman of the British Iranian Chamber of Commerce and the new appointed British trade envoy to Iran said that British banks are little nervous because of the remaining US sanctions.
However he added that the British government is trying to sort this out “as quickly as possible”.
Lamont emphasized: “I am sure we will find a solution and clarify the situation and get the British banks to work with Iran”
However he did not indicate any date as to when this problem will be resolved.
Earlier last month, Lamont was appointed as the UK’s trade envoy to Iran as part of an attempt by the British government to reverse Britain’s underwhelming record of exports.
The appointment of the former British chancellor to the new post comes just three days after series of international sanctions against Iran were lifted following the implementation of JCPOA.
In a two day visit to London, Foreign minister Zarif also met with Lamont to discuss Iran-Britain economic ties and to improve trade relations.
Speaking at Chatham House, Dr. Zarif said: 'I have been assured by Secretary [John] Kerry that he will make sure that European Banks will not feel any restrictions in doing legitimate business with Iran.
Philip Hammond, UK foreign secretary also told the press last Friday, 'We are working with our colleagues in the US, France and Germany as well as the Iranian banking authorities to get through the [impediments and] processes as quickly as we can.'
He added, 'We want our banks to be able to support British businesses that seek to invest and do business with Iran.'