• Economy, Domestic Economy

    UK Appoints Trade Envoy to Iran

    Lord Lamont has been appointed the UK’s trade envoy to Iran as part of a wider government attempt to reverse Britain’s underwhelming record of exports. The appointment of the former chancellor to the new role comes just three days after a series of international sanctions against Iran were lifted in return for Tehran limiting elements of its nuclear program, the Financial Times reported. Lord Lamont already chairs the British-Iranian Chamber of Commerce.