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<p>I have been asked to reply on behalf of the Department for Business, Innovation
and Skills.</p><br /><p>We want to help British businesses take advantage of the opportunities
that economic re-engagement with Iran will bring. UK Trade and Investment (UKTI) are
engaging with UK businesses to provide support and assistance to help ensure they
benefit from opportunities as they arise. UKTI now have a presence in the British
Embassy in Tehran.</p><br /><p>During his visit to Tehran in October, my noble Friend
the Minister for Trade and Investment, Lord Maude, signed a Memorandum of Understanding
with his Iranian counterpart that sets the direction for our future economic and business
relationship.</p><br /><p>There is a desire on both sides to build a long-term bilateral
relationship based on partnership, where trade and investment is a key pillar.</p><br
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