Iran accepts renminbi for crude oil

[Korean]

like???.....provide some examples please....

Iran is a large importer of food. And food exporters don't take yuan as payment. Another is medication. High end parts cannot be imported from China either.

 

[Safriz]

It wont be al qaeda or terrorists who will bring down USA.It wkll be their own arrogance that wi destroy their economy..

 

[kawaraj]

he's pointless, thanks for him I am making a wonderful thread of global trade. Iran should thank China for import those oils, benefiting both nations.

 

[Korean]

Iran should thank China for import those oils, benefiting both nations.

Why should Iran thank China for a stack of papers that cannot be used to buy food, medication, and parts for cars and jets?

Iran will continue to burn its dollar and euro reserve while the sanction is in place.

 

[avene]

Why should Iran thank China for a stack of papers that cannot be used to buy food, medication, and parts for cars and jets?

Iran will continue to burn its dollar and euro reserve while the sanction is in place.

do you know that S.Korea also accepts Renminbi ?
and most of the asian countries accept Renminbi

 

[kawaraj]

do you know that S.Korea also accepts Renminbi ?
and most of the asian countries accept Renminbi

you don't have to respond to utterance of @ss, this girl "Korean" is completely a troll. She only appear in "China" thread and talking about nonsense. guess his bad vacation is near.

 

[Skallagrim]

he's pointless, thanks for him I am making a wonderful thread of global trade. Iran should thank China for import those oils, benefiting both nations.

Maybe Iran would Thank China, but neither India nor China is doing a charity work. Both India and China are buying oil at a price much lower than the international market.

do you know that S.Korea also accepts Renminbi ?
and most of the asian countries accept Renminbi

Could you provide any link?

 

[Obambam]

do you know that S.Korea also accepts Renminbi ?
and most of the asian countries accept Renminbi

RMB will be ever more popular to the rest of the world thanks to America's childish and unilateral sanctions and QE policies. Only the ignorant with little to no foresight cannot see this happening. Heck even South Korea and Taiwan accepts RMB. China is already looking to expand its RMB into Europe. London is looking likely to be our second hub after Hong Kong.

 

[Abii]

Iran is a large importer of food. And food exporters don't take yuan as payment. Another is medication. High end parts cannot be imported from China either.

Iran isn't a large importer man. We import grains whenever there is drought. Our geography doesn't allow for a uniform output every year. Last year was a bad one for example and we had to import a lot. Also, the regime is buying unlimited grain just in case there is a sudden embargo or war or whatever (just in case), but this is a recent thing. When it comes to fruits and vegetables, Iran and Turkey are always in the top 3-5 exporting countries of certain types so in that department we're good. We also produce rice in Northern Iran.

In many years we're just short a few m tons only and could actually meet most of the demand. Here are the biggest importers of wheat for example:

 

[Abii]

Edit: double p

 

[curioususer]

Maybe Iran would Thank China, but neither India nor China is doing a charity work. Both India and China are buying oil at a price much lower than the international market.

but india was exchanging gold for oil.

 

[Skallagrim]

but india was exchanging gold for oil.

Maybe..but I was talking about the price they are paying per unit barrel.

 

[curioususer]

Maybe..but I was talking about the price they are paying per unit barrel.

you know value of gold keeps increasing. chinese currency cannot be used anywhere, now gold's a different thing

 

[below_freezing]

Iran is a large importer of food. And food exporters don't take yuan as payment. Another is medication. High end parts cannot be imported from China either.

can't get more high end than 22 nm etchers

AMEC

or 90 nm lithography.

Welcome To SMEE!

sure, 90 nm is behind the times, but can you guess what type of machinery South Korea can produce?

Google

Well, at least it's a big ASML and Tokyo Electron market

 

[kawaraj]

can't get more high end than 22 nm etchers

AMEC

or 90 nm lithography.

Welcome To SMEE!

sure, 90 nm is behind the times, but can you guess what type of machinery South Korea can produce?

Google

Well, at least it's a big ASML and Tokyo Electron market

We have been in contact with North Microelectronics based in Beijing, how's that firm? And I heard Shenyoung is quite strong in the field too.