Several Middle Eastern and Asian economies, including China, Pakistan, and Iran, are turning to barter trade to avoid the impact of secondary sanctions ...
But these half-built cars are not paid for in cash. Instead, they are exchanged for containers of Iranian copper and zinc to feed China’s vast metals industry. The cars-for-metals trade, described to ...
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Trump Sanctions Revive Barter Trade: China's Chery Trades Half-Built Cars for Iran's Copper
Barter trade activities between Chinese automotive giant Chery Automobile and Iran have risen amid U.S. Sanctions on the country by President Donald Trump. As Trump escalated sanctions on Iran after ...
Barter transactions in Russia rise amid Western sanctions, with goods like wheat and flax seeds exchanged for foreign products.
The Economic Coordination Committee (ECC) of the Cabinet, chaired by Finance Minister Senator Muhammad Aurangzeb, has approved key amendments to the Business-to-Business (B2B) Barter Trade Mechanism ...
Dr. Nimal Rathnayake Charts Sri Lanka’s Banking Journey The sun slants through the high windows of Seylan Bank’s head office, catching on shelves stacked with old ledgers, rare coins and brittle ...
India’s smartphone exports hit ₹1 lakh crore in first five months of FY26, up 55% from last year despite trade tensions with US Old-fashioned barter is on the rise in Russia's foreign trade for the ...
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