Economics

Dubai Curbs Iranian Trade Under New Sanctions Regime

Lock
This article is for subscribers only.

Business with Iran at CP World, a freight forwarder in Dubai, has fallen 20 percent in the last two months and director Abhijit Pradhan says it may drop further as the emirate cracks down on trade with the Islamic Republic.

“If this gets really vigorous, then surely there will be a very big impact on exports and imports,” Pradhan said in a July 10 interview.