Thursday 4 March 2021 \

 

nuclear weapon

Pakistan approves 100,000 tons of wheat for Iran to pay for power

Source : Reuters / 20 May 2013

Islamabad has authorized the export of 100,000 tons of wheat to Iran in trade not jeopardized by Western sanctions, to settle dues for electricity supplied to Pakistan’s energy-starved border areas, the Commerce Ministry said on Friday.

The shipment of 100,000 tons was to have been delivered to Iran in mid-February but was delayed by preparations for Pakistan’s May 11 election.

 

U.S. to block sale of gold to Iran in sanctions clampdown

Source : Al Arabiya and Reuters / 16 May 2013

The United States is to rigorously enforce a ban on gold sales to Iran from July 1, in a further tightening of sanctions over Tehran's disputed nuclear activities.

David S. Cohen, the U.S. Treasury Department's undersecretary for terrorism and financial intelligence, told lawmakers in testimony there had been an increase in gold sales to Iran in response to the sharp depreciation in Iran's currency, the rial.

 

U.S. senators seek to block Iran from billion-dollar reserves

Source : Reuters / 10 May 2013

Legislation introduced by a bipartisan group of U.S. senators on Wednesday would block Iran's access to billions of dollars worth of foreign currency reserves in the latest congressional effort to slow development of the Islamic Republic's disputed nuclear program.

 

Turkey gold exports to Iran resume despite tough U.S. sanctions

Source : Reuters / 30 Mar 2013

Turkey exported almost $120million worth of gold to Iran in February, data showed, suggesting the two countries’ trade of gold for natural gas has resumed despite tighter U.S. sanctions, though at levels below last year’s peaks.

U.S. officials have sought to prevent Turkish gold exports from providing a financial lifeline to Tehran, which has been largely frozen out of the global banking system by Western sanctions over its nuclear program.

 

Ahmadinejad: Iran must reduce oil dependence

 

Source: Al Jazeera and agencies / 17 Jan 2013

President Mahmoud Ahmadinejad said Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the economy and disrupted foreign trade.

"We have to change the flow of wealth and capital into the country. Problems will remain as long as this doesn't change... 25 percent of the gross national product is concentrated in Tehran. We need to make sure that the money is invested not just in one city but all over the country," Ahmedinejad said.

 
 

We recommend

Social Networks