Aberdeen’s business community will hear first-hand of potential multi-million pound opportunities in Iran following the partial lifting of sanctions.

Already Iranian President Hassan Rouhani has signed a $6.2billion deal with Italian steelmaker Danieli and announced the purchase of 100 French built Airbus aircraft during at post-sanctions European tour.

Now Aberdeen and Grampian Chamber of Commerce and legal firm Pinsent Masons are teaming up to bring the oil capital’s business leaders up-to-date on the opportunities and challenges of doing business in the Middle East state.

A seminar on Friday (February 5) will hear from representatives of the British Iranian Chamber of Commerce, including former British Ambassador to Iran and Libya, Sir Richard Dalton.

Sir Richard will outline the political background behind the delicate nature of regional and international politics, as well as projected growth and priorities for the Iranian government. He will also examine the prospects in Iran for the UK’s oil and gas supply chain and why UK suppliers should be planning for business in the country now.

Pinsent Masons’ partner and Middle East expert, George Booth, will look at the legal environment for anyone considering doing business in Iran, including a review of the sanctions rules and of the investment and tax landscape faced by UK businesses looking to do business in the post-sanction environment.

The ‘Race to Capture the Iranian Market’ event will be held at Aberdeen & Grampian Chamber of Commerce’s Bridge of Don headquarters on February 5 from 11.45am-2pm. For information and to book spaces please visit the events calendar.

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