Iran Plans Barter Trade With Africa (16 October 2018)
As a bid to ease trade with African countries, the Iran Chamber of Commerce, Industries, Mines and Agriculture is devising a barter system with African local banks, the secretary-general of Iran & Africa Council for Economic Cooperation, Mohammad Reza Faqihi, told Financial Tribune in an interview.
Faqihi said the project has been sent to ICCIMA and funding issues are under review. The scheme consists of four general phases and 13 operational measures.
Source: Financial Tribune - Date: (16 October 2018)