tag:blogger.com,1999:blog-5169130203475264933.post8191925872126831904..comments2024-03-10T22:24:34.032-04:00Comments on Uskowi on Iran - اسکویی در باره ایران: Iran to Seek Yen Oil Payment from IndiaNader Uskowihttp://www.blogger.com/profile/02808543185109048956noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5169130203475264933.post-79269147870841551812012-01-24T10:27:02.742-05:002012-01-24T10:27:02.742-05:00The Indian rupee is as worthless as the rial.Iran ...The Indian rupee is as worthless as the rial.Iran is giving it's oil away for $5.00 a barrel which translates into a total loss.Workers must stop pumping oil so that China India Turkey won't be able to make a profit from our loss.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5169130203475264933.post-71599461426076902292012-01-24T09:30:10.726-05:002012-01-24T09:30:10.726-05:00Careful, Iran, trying to get something else than D...Careful, Iran, trying to get something else than Dollari for oil is what sealed Saddams fate.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5169130203475264933.post-88825138873023742422012-01-24T00:20:46.420-05:002012-01-24T00:20:46.420-05:00Please help me with the definition of this arrange...Please help me with the definition of this arrangement: Iran exports oil to India, it will not get paid in hard currency, as almost all oil contracts are paid for. Instead Iran has to open a rupee account in an Indian bank and can only draw rupees to purchase “non-strategic” goods in India, and will not be able to transfer cash out of the country. I accept your objection that this arrangement is not technically a variation of barter trade. Please un-dis-educate us, and tell us what this arrangement is? (And please note that Iran imports $2.5 billion of Indian goods v. oil exports at close to $10 billion). These are indeed difficult days for the country.Nader Uskowihttps://www.blogger.com/profile/02808543185109048956noreply@blogger.comtag:blogger.com,1999:blog-5169130203475264933.post-66468443156510835992012-01-22T19:00:26.364-05:002012-01-22T19:00:26.364-05:00"the Central Bank of Iran (CBI) would open ru..."the Central Bank of Iran (CBI) would open rupee accounts in Indian banks and would use the oil revenues to purchase “non-strategic” goods and services from India. The Bloomberg report indicates that such arrangement, basically a variation of barter trade, was not entirely acceptable for the Iranian side"<br /><br />Sir, please do not spread dis-education. Barter trade means goods for goods. Non-barter trade means goods for currency, that will be used to buy other goods. This is not barter in any way. It is the exact opposite.Anonymousnoreply@blogger.com