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Aug 31, 2010

Interesting site.

Iran Update 31 Aug 10

These from our friends in Iran. Sanctions are working.

Aug. 30, 2010. Tehran- Manager of an insurance company, who has been included by the sanctions of UN and other countries said: Sanctions are being implemented for many years to the country, but when Iran’s insurance was included, it got worse than before. Before Iran insurance used to be Aksa insurance which issued travel insurances but now Aksa in not recognized and we cannot issue any thing. In the trade also because of Banks sanctions, credits and trading LC cannot be done and this is effected in importing and exporting goods and actually the path to import goods for some factories have been blocked and this have increased to fall down in production and increased unemployment


1 comment:

Will said...

Hi Alex.
Turkey's trade ties with Iran is growing.Referring to the growing trend of IRI-Turkey trade ties, the Turkish Foreign Trade Minister said we expect the volume of trade exchange between the two countries to be increased by 80 percent by the end of 2010.These sanctions really bite hard ?????