To ask Her Majesty's Government what assessment they have made of the impact that the reintroduction of sanctions on Iran by the United States has had on countries neighbouring Iran.
Answered on
20 December 2018
We continue to assess the impact of US sanctions as they come into force, including the impact of the various exemptions granted by the US. We expect wide-ranging impact, including on trade, infrastructure projects, payment for services and tourism. Given Iran is a major energy supplier, we can expect some countries to diversify. Her Majesty's Government is committed to maintaining the Joint Comprehensive Plan of Action and as part of this we continue to support legitimate trade with Iran in line with sanctions relief.