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Originally published in The Independent.
Iran is the world’s biggest emerging market since the collapse of the Soviet Union 25 years ago, according to the politician given the job of opening up trade relations – but Britain is languishing behind rivals in its share of business.
The former Chancellor, Lord Lamont, the newly appointed trade envoy to Iran, is full of optimism about the money UK firms could make if they seize the opportunities opened up by the lifting of sanctions.
In the Commons later today, the Henry Jackson Society will host a meeting whose publicity warns that “Iran has long been in pursuit of regional dominance in the Middle East. For decades Iranian proxies have been stoking instability and violence.”