DOWNLOAD OUR APP
IndiaOnline playstore
08:26 AM | Thu, 28 Jul 2016

Download Our Mobile App

Download Font

172 Days ago

Tehran: Iran prefers to receive euro for its oil exports, an official in the National Iranian Oil Company (NIOC), said on Saturday.

"Our priority is to receive cash for oil payments in euro" following the removal of sanctions on oil exports and lifting the ban on Iran's banking transactions, Xinhua quoted Safar-Ali Karamati as saying.

"European customers have no problem to pay for crude oil deals in euro," however, "It depends on the mutual agreement. But Iran would prefer euro," Karamati said.

In the past, Iranian officials voiced interests for the use of national currencies, instead of US dollars, in its transactions with its trade partners, berating the US for exerting economic and financial pressures on the country over its nuclear programme. (IANS)

Viewed 46 times
  • SHARE THIS
  • TWEET THIS
  • SHARE THIS
  • E-mail
You might also want to read

Our Media Partners

app banner

REVOLUTIONARY ONE-STOP ALL-IN-1 MARKETING & BUSINESS SOLUTIONS

  • Digital Marketing
  • Website Designing
  • SMS Marketing
  • Catalogue Designing & Distribution
  • Branding
  • Offers Promotions
  • Manpower Hiring
  • Dealers
    Retail Shops
    Online Sellers

  • Distributors
    Wholesalers
    Manufacturers

  • Hotels
    Restaurants
    Entertainment

  • Doctors
    Chemists
    Hospitals

  • Agencies
    Brokers
    Consultants

  • Coaching Centres
    Hobby Classes
    Institutes

  • All types of
    Small & Medium
    Businesses

  • All types of
    Service
    Providers

FIND OUT MORE