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Iran Does $9 Million Barter With Pakistan on Power, Wheat

Iran agreed with Pakistan to import wheat valued at $9 million from its eastern neighbor in exchange for electricity it exported, Iranian Deputy Energy Minister Mohammad Behzad said.

Iran supplied electricity valued at $51 million in total to Pakistan for which the Persian Gulf country hasn’t been able to secure payment, according to the state-run Mehr news agency Mehr, as international sanctions restrict its financial transactions. The prohibitions are designed to curb Iran’s disputed nuclear program.