Why Iran shouldn’t get too Excited about Brexit

The question is whether Iran will be a priority on the United Kingdom’s post-Brexit economic agenda, given the poor global economic conditions. Esfandyar Batmanghelidj, the founder of the Europe-Iran Forum business conference series, thinks not. He wrote on June 24 that British executives will have “fewer resources to devote to developing opportunities in Iran, especially at the required senior levels.”

Academics Saeed Khalouzadeh and Abdoreza Farajirad, professors of international relations at Tehran universities, also believe that Brexit will have little impact on Iran. Khalouzadeh, a diplomat and senior researcher in European studies, told the conservative Fararu news website that it is too soon to comment on the issue, because the Brexit process could last seven to 10 years.

Farajirad, a former ambassador to Hungary, said he is certain that Britain will retain its close relationship with the EU, as the union has been a large market for the United Kingdom.

Indeed, according to Britain’s Office for National Statistics, last year 44% of UK exports of goods and services went to the EU, while 53% of British imports originated in the bloc; UK-EU trade volume was about 500 billion British pounds ($663 billion).

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