26 November 2012, 15:55

Turkey-Iran swap: gold for gas

Turkey-Iran swap: gold for gas

Turkey is paying with gold for Iranian natural gas, the country’s Deputy Prime Minister Ali Babacan confirmed in his report to the parliamentary budget committee Monday.

The deal is to circumvent the US-imposed sanctions banning Tehran from receiving payments in dollars.

Voice of Russia, TASS

  •  
    and share via