Iran: Nuclear Deal

John Baron Excerpts

Wednesday 15th July 2015 Commons Chamber

[Mr Hammond]

The hon. Gentleman has not disappointed me. I shall take that as an endorsement of the diplomatic triumph that we have achieved in Vienna.

[Mr John Baron (Basildon and Billericay) (Con)]

For those of us who have long advocated a greater focus on diplomacy in our dealings with Iran, this agreement is to be very much welcomed, and I congratulate the Foreign Secretary and his team on the part they have played in achieving it. Let us hope that it becomes ever more self-fulfilling in that it will strengthen the hands of the many moderates within Iran. To promote dialogue, what measures will the British Government take to encourage or help British business to realise the potential of the Iranian market, given that planeloads of our competitors have been landing in Tehran for some time?

[Mr Hammond]

My hon. Friend is right. Clearly, the key thing we need to do is to get our embassy reopened. I have spoken to the Chancellor over the past few days, as we approached the conclusion of this deal, to ensure that the Treasury is engaged in the opportunities that will arise—some quite substantial and early. I think that Iran will want to use some of its unfrozen assets to address some large infrastructure deficits, including in the oil and gas production industry, where the UK is well placed to play a role. The visa regime will be another important part of normalising our relationship with Iran.