Tehran has been able to establish financial channels with regional countries to pay its exports in their national currencies in a bid to unblock the flow of export money to the country.
Iran Chamber of Commerce, Industries, Mines and Agriculture president has called for barter trade between Tehran and New Delhi in a bid to offset the financial challenges that have heavily affected Irans trade with other countries.
Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said.
Iran Chamber of Commerce President Shafei is leading a delegation of 30 businessmen in a 3-day visit to India accompanying Foreign Minsiter Mohammad Javad Zarif. Banking relations and Chabahar Port investment are high on the agenda.