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Foreign trade

World news about “Foreign trade” published by euronews.

02/07 17:26 CET

Dubai’s ancient dhows look east to Iran and an end of sanctions

Dubai’s ancient dhows look east to Iran and an end of sanctions

Since pearl fishing was Dubai’s main industry ancient wooden dhows have been the backbone of the mercantile trade between the Gulf state and Iran. The trade increased with barely a pause for the 1979 Islamic revolution in Iran and the US sanctions imposed the same year…