UN Sanctions Can Hamper UAE-Iran Trade

The fresh round of sanctions which had been issued by United Nations earlier this month can prove to be harmful for the trade relation between Iran and the United Arab Emirates. According to business leaders, enforcing a stringent check on Iran-bound goods can cause a major dip in the business transactions.

UN had issued the fourth round of sanctions against Iran on June 9. According to these sanctions, export of any goods that can prove to be helpful in Iran’s military nuclear program has to be curtailed.

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