Iran News ...


12/20/06

Some Arab companies freeze business ties with Iran over Persian Gulf

TEHRAN, Dec. 20 (ISNA)-As a result to recent rumors which have distorted the Persian Gulf as the fake Arabian Gulf, some Arab companies have broken up their business relations with Iranian companies.

These companies through an illogical demand have requested that the mentioned location of goods exchange in the exchange documents should be the "Arabian Gulf" instead of the "Persian Gulf".


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Bahraini and Emirati companies who are Iranian Aluminum producers' main suppliers currently seem to stand at the top of this list. This issue has also affected IT market exchanges in the region.

... Payvand News - 12/20/06 ... --



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