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tehran\bern Archives - Iran News Daily
Tehran, Bern developing payment channel to bypass US sanctions 23 Jan 2019

Tehran, Bern developing payment channel to bypass US sanctions

 A special financial mechanism aimed at maintaining trade ties between Switzerland and Iran is ready for implementation, according to Sharif Nezam-Mafi, the head of the Iran-Switzerland joint chamber of commerce. He told IRNA that the clearing house will be used to facilitate Iran’s oil transactions with its major Asian crude customers – namely India, China […]