Saturday, September 16, 2017

Sputnik — US Sanctions Continue to Backfire: China Opens $10 Billion Credit Line for Iran

Assisting Tehran with sidestepping an ongoing Washington sanctions regime against the country, China has opened a $10 billion line of credit intended to finance energy, transportation, water and other key Iranian infrastructure projects.…
The significant credit line will primarily use euros and yuan to bypass the US sanctions....

1 comment:

GLH said...

Iran doesn't really need credit from China does it?