Iranian traders in Oman, struggling to secure financing because of Western economic sanctions against Tehran, are raising loans from sympathetic Omani businessmen in order to ship foodstuffs to Iran, the traders say.
"Local banks don't give us letters of credit anymore to export food to Iran, but we are grateful for the private loans from our Omani friends," Hassan Ghafour, an Iranian businessman based in the north Oman city of Sohar, told Reuters this week.
Meer Sajjad, an Iranian trader in the capital Muscat, said he was also being forced to turn to fellow businessmen because he could not obtain financing from banks.
No comments:
Post a Comment