Thursday, 12 December 2019

XXXVI, No 23, 03/12/2018

Cuba hopes to benefit from EC sanctions busting

Cuba hopes that a special payment system the EU is creating to avoid U.S. sanctions on Iran will help it to sidestep its own Washington-imposed trade embargo. The EU is building a special purpose vehicle to allow member states to continue to trade with Iran through a counterpurchase arrangement.

 

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