tag US Restrictions

Iran Exploring New Banking Channels to Circumvent US Restrictions

EghtesadOnline: The government is exploring new ways to bypass US sanctions and find banking channels to Europe, China, and Russia for oil exports and financial transactions, says Asadollah Qarekhani, spokesman of the Majlis Energy Commission.
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Publish Date:05/November/2018 | 10:32

China's Bank of Kunlun Restores Iran Ties But US Restrictions Hang On

EghtesadOnline: As China’s Bank of Kunlun officially resumed its transactions with Iran after a one-month pause this week, the bank's scope of work falls short of what Iranian businesses had hoped for as the bank hews strictly to the US sanctions regime.
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Publish Date:24/December/2018 | 15:46