Indian Government Go Ahead to Iranian Bank to Operate in India, Beneficial for Steel Industry
Mining News Pro - Iran, one of the largest steel producer in MENA region is likely to face US sanctions, due to which many of the nations who are supporting US sanctions are stepping back to trade with Iran. Recently Japanese bank have stopped handling all Iran-related transactions to meet a November deadline set by the United States. Against all the odds, India agreed to open a branch of Iranian Bank in Mumbai.
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