It is following the lead of other European countries.
While the Republican presidential field is busy fighting over who hates Iran the most, European leaders are flocking to do business there.
“We can either sit on the sidelines, watch the world move ahead and gradually decline — plenty of other countries are taking that path — or we can get out there and plant our flag in the ground,” he told the FT.
Britain is following the lead of other countries which had been imposing U.S. led sanctions against Iran to punish it for a secret nuclear program that broke international treaties. France, for instance, sent a large trade delegation to Tehran this week.