Friday, March 23, 2012

Exclusive: Iran ramps up food imports via Turkish banks: trade | Reuters

Exclusive: Iran ramps up food imports via Turkish banks: trade

By Jonathan Saul and Michael Hogan

LONDON/HAMBURG | Fri Mar 23, 2012 11:07am EDT

(Reuters) - Almost half a million metric tonnes of grain has arrived at Iran's major food port and Turkish banks are being used by the Islamic Republic as an alternative trade financing route to sidestep Western sanctions, trade sources say.

More:Exclusive: Iran ramps up food imports via Turkish banks: trade | Reuters