Iran

Baroness Falkner of Margravine Excerpts

Tuesday 15th November 2011 Lords Chamber

[Lord Howell of Guildford]

We are discouraging every kind of trade and business with Iran, not only those covered by sanctions but also investment by oil companies, for instance, and a whole range of others as well. The specific product that the noble Lord mentioned is one that I will certainly examine, but my overall understanding is that we are discouraging in every possible way all areas of trade with Iran, over and beyond both the EU and the US sanctions.

[Baroness Falkner of Margravine]

My Lords, does my noble friend agree that, alongside the 3+3 talks, it would be very useful for the UK to advocate re-examining the Turkey-Brazil option which was on the table some months ago in order to keep open the door for future negotiations? Does he accept that unilateral military action by any state in a pre-emptive fashion would be deeply dangerous to the region as it stands today?

[Lord Howell of Guildford]

My Lords, I certainly accept the second point. On the first point about the Turkey-Brazil initiative, that was an interesting initiative but it did not actually deal with the major problem, which we have here, of proliferation. It was focused, as my noble friend knows, on the enrichment processes and the obtaining of enriched uranium which might be necessary for weapons-grade purposes. So, without saying that the Turkey-Brazil initiative was the answer, we certainly recognise that it might be part of the answer in the future.