Economy, Domestic Economy

UK Jet Export Finance for Iran

UK Jet Export Finance for IranUK Jet Export Finance for Iran

Britain’s export finance agency is ready to offer financing to civilian aircraft exports to Iran, the head of its aviation finance section said on Monday after sanctions against the country were lifted over the weekend. “We are open for business in Iran,” Gordon Welsh, the head of aircraft financing at UK Export Finance, a department of the British government, told the Airline Economic conference in Dublin, Reuters reported. “We haven’t said what we are prepared to do other than that we’re open, but we’ll see what demand looks like. It’s an interesting part of the world and we’re there,” he added.