UAE, Iran business yet to pick up
Business between the UAE and Iran is yet to pick up despite lifting of sanctions on the Islamic republic earlier this year, experts and Iranian Business Council in Dubai said. “Things have not changed much as primary sanctions still remain and banks in the UAE are reluctant to deal with the Iranians or companies which have Iranian partners for fear of being penalised for violating sanctions related regulations,” said Hussain Asrar Haghighi, executive vice president of the Iranian Business Council in Dubai, told Gulf News. In January this ...
Click
To Read Full Article