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Iran, China sign oil trade agreement

byCustoms Today Report
03/06/2015
in Latest News
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TEHRAN: Iran receives goods, services as payment for 65% of oil it sells to China, which pays cash for remaining 35%, Asadullah Asgarolladi, head of Iran-China joint chamber of commerce said.

China is 1 of 6 buyers allowed to import Iranian crude under intl sanctions imposed on Persian Gulf producer over its nuclear program; Iran, world powers in talks to reach nuclear accord by June 30 deadline.

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