Sunday 17 January 2016

What lifting Iran sanctions means for world markets - BBC News

What lifting Iran sanctions means for world markets - BBC News:

"The untangling of the world's most complex regime of sanctions starts now.
The European Union terminates all its nuclear-related economic sanctions including an embargo on buying Iranian crude oil, but more importantly, ends restrictions on Iranian trade, shipping and insurance.
"This is a day we were awaiting for years. There will be big changes," says Michael Tockuss, managing director of the German-Iranian chamber of commerce.
"We will also get some 300 Iranian individuals and companies off the (EU) sanctions list. Up to now, we couldn't do a single business transaction with them, not even selling bread or biscuits.""



'via Blog this'

No comments:

Post a Comment