Archive: 2/12/2013
Daily Israel Report
08:51
Reported

News Brief

  2/12/2013, Adar 2, 5773

Report: Iran Skirting Sanctions by Trading in Gold


The Iranian regime has found a way to circumvent the economic sanctions imposed on the West and delay the crash of the local economy, It is engaging in illegal trading in gold, according to a Tuesday morning report in the British newspaper the Times.

The report says that after the United States made ​​it clear it would treat any breach of the sanctions on Iran as money laundering, Iran began to demand gold in exchange for oil. The Islamic Republic is doing so through a large network of private front companies.

The Iranian regime found a way to circumvent the economic sanctions imposed on the West and delay the crash of the local economy: is the Director of illegal trade in gold. According to a report in 'The Times' of the British.
According to the report, after the United States made ​​it clear it would treat any breach of the sanctions on Iran as money laundering, Iran began to demand gold in exchange for oil. Islamic Republic does so through a large network of front companies private.