UK’s business with sanctioned country booming ...News

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UK’s business with sanctioned country booming
British trade with Iran has tripled since Brexit, official data shows Trade between Britain and Iran has reached the highest level in a decade, according to official data, apparently having been boosted by Brexit. Figures released by the British Department for Business and Trade on Thursday suggest that in 2022 total trade in goods and services between the UK and Iran was £696 million ($865 million), an increase of 71.9% compared to 2021. The UK exported £531 million ($660 million) worth of goods and services to Iran in 2022, an increase of 100% compared to the previous year. Among the top exports to the Islamic R

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