May 24, 2019 SOURCE: © CTO Data Services Co.
IRAN’S LATEST SANCTIONS SCHEME: PAYMENT WITH PERSIAN RUGS
An Iranian trade representative has come up with another hair-brained scheme for evading U.S. sanctions: by paying with carpets. Fereshteh Dastpak, the director of the National Iranian Carpet Centre, says that a bartering mechanism has been designed to maintain carpet exports.
“In a mechanism designed to barter carpets with imported goods,...
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