Lord Temple-Morris – 2014 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Lord Temple-Morris on 2014-06-17.

To ask Her Majesty’s Government what is their latest estimate of the effect of sanctions on Iran on exports from (1) the United Kingdom, and (2) the European Union.

Baroness Warsi

A significant set of EU, UN and US sanctions have been imposed on Iran because of its nuclear programme. UK exports to Iran fell to £79 million in 2013, down from £100 million in 2012, and £180 million in 2011. EU exports to Iran have also fallen, totalling €5.4 billion in 2013. This is down from €7.4 billion in 2012, and €10.5 billion in 2011.