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US sanctions: India, Iran quietly work on Chabahar payment window
Discussions are underway to rope in UCO Bank and Bank Pasargad for a payment mechanism that will help circumvent US-driven sanctions against Iran - a move which can help bring down prices of crude. Significantly, the Iranian bank recently received a go-ahead to open a branch in the country.
from Times of India https://ift.tt/2oLCSbj
from Times of India https://ift.tt/2oLCSbj
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