Representational photo: A health official screening a civilian, Iran.

Photo: The Times of Israel

US Sanctions Refrain Iran From Procuring Vaccine, Says Officials

As US sanctions on Iran remain, Irani officials have stated the vaccine-procurement process is hampered since they are unable to utilize the payment system. Reportedly, Iran had planned to deploy funds worth billions in won-denomination of South-Korean banks but was taken aback as the transaction has to be cleared by the US. Though the US had issued 'Office on Foreign Assets Control' license, Iran said it had 'little effect'.

Wed, 09 Dec 2020 - 11:53 AM / by Harsh Vardhan

Tags: USA, Iran, South Korea, Won, Coronavirus Vaccine

Courtesy: Hindustan Times