date:Dec 16, 2013
The threshold for potential sellers to engage with Iran is now much lower, Soltvedt said.
A former U.S. Treasury official said it was feasible that Syria could set up a payment mechanism using Iranian funds held in various bank accounts abroad. Such funds have been used by Tehran to pay for its own food deals in recent months.
Iran has so much money outside of the country held in accounts. That I suspect can be used to finance purchases and keep the money flowing to Assad, said the former offi