EghtesadOnline: UK Trade Envoy to Iran Lord Norman Lamont told Bloomberg that Donald Trump’s statements about Iran during his trip to KSA and the Occupied Palestine was a mistake and that Iran deserved a better reaction from the West.

EghtesadOnline: Former foreign secretary of the United Kingdom, Jack Straw, said his country’s trade with Iran saw a 42% rise over the past year following the implementation of the nuclear agreement, formally known as the Joint Comprehensive Plan of Action.

EghtesadOnline: The initial frenzy over Iran as a land of opportunity coming out of years of sanctions might have lost steam for foreigners seeking to tap into it, as the past two years since the nuclear deal were riddled with impediments to resumption of economic ties.

EghtesadOnline: The British government is coaxing lenders into facilitating trade with Iran. Recently, British officials have sought to boost business ties with Iran—a year on from the lifting of international sanctions—as Britain tries to forge new trade ties following June's vote to leave the European Union.

EghtesadOnline: Iran exported more than 2,650 tons of goods valued at $7.9 million to the United Kingdom during the first three months of the current Iranian year (started March 20), registering a %16.4 decline over last year’s corresponding period, latest data released by the Islamic Republic of Iran Customs Administration show.

EghtesadOnline: UK firms are cautiously eyeing opportunities in Iran ahead of an expected $600bn boom in trade and infrastructure investment over the next ten years, Telegraph reported.

EghtesadOnline: British investment company Amedeo Resources announced on Thursday that it has acquired a 2.5% stake in Ganjine Kani Company for $500,000, a copper mining company close to the city of Mashhad in Iran.

EghtesadOnline: Iran presents UK a very large market opportunity, UK International Trade Secretary Liam Fox said on Thursday.