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transactions

Official Transactions between Iran, Iraq without US Dollar

Iraq indicated that it has officially removed the US dollar in trade with Iran by announcing a legal limit for passengers to carry along Euros - instead of the customary US Dollars - into the Islamic Republic.

Saudi Arabia Expels Canadian Envoy ,Stops New Trade Ties

Saudi Arabia on Monday recalled its ambassador to Canada for consultation and gave the Canadian ambassador in Riyadh 24 hours to leave the country, official Saudi Press Agency reported.

U.S. Sanctions Russian Bank for Transactions Benefiting N. Korea

The U.S. Treasury Department on Friday imposed sanctions on Russia’s Agrosoyuz Commercial Bank, saying it handled transactions for North Korea in violation of United Nations bans.

Regulation of Transactions Through contracts


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