EghtesadOnline: American officials have issued a warning to European nations that they risk falling foul of sanctions on Iran if they press ahead with a barter system that could allow the export of Iranian oil.
EghtesadOnline: Plans are underway to establish a barter system to trade Persian hand-woven carpets for other commodities, says Fereshteh Dastpak, the head of Iran National Carpet Center.
EghtesadOnline: India's payment system with Iran is being relaxed further for basmati rice exports. This comes after the US allowed India to continue importing crude oil from Iran and develop Chabahar Port.
EghtesadOnline: As a bid to ease trade with African countries, the Iran Chamber of Commerce, Industries, Mines and Agriculture is devising a barter system with African local banks, the secretary-general of Iran & Africa Council for Economic Cooperation, Mohammad Reza Faqihi, told Financial Tribune in an interview.