India seeks way around Iran sanctions
Old-fashioned business practices being employed to expand bilateral trade currently worth $14bn.
Published On 10 Mar 2012
Some of Iran’s trading partners are seeing the latest sanctions by the EU and the US as opportunity to expand their own trade with the Islamic republic.
India has sent a delegation to explore more commercial opportunities with Iran to increase bilateral trade worth $14bn a year.
Despite mounting US pressure, Al Jazeera’s Prerna Suri reports, India is using an old-fashioned but effective way of conducting business to maintain its trade ties with Iran.
Source: Al Jazeera