Iran moves to revive foreign trade lifeline / تین نیوز

-TIN news: Iran is taking the most vital step toward reviving foreign trade, activating banking and insurance ties in time for removal of sanctions to process transactions. Foreign companies seeking to enter the Iranian market have to get banks on board to open letters of credit and insurers to underwrite critical export-related risks – an arrangement which is currently non-existent due to sanctions. With the lifting of sanctions on the horizon, European governments are up in arms to smooth out hurdles on the way of the world’s biggest economy rejoining the global trading and financi