Daily Telegraph: China and Turkey are helping Iran to avoid the sanctions

Read on the website Vestnik Kavkaza

The Central Bank of Iran in an attempt to avoid the impact of the large-scale sanctions against Iran's nuclear program, is using the services of financial institutions in China and Turkey to pay for goods needed to maintain Iran's economy afloat, The Daily Telegraph reports.

Referring to western representatives in the field of security working in China, the newspaper reports that Beijing is playing a major role in helping Iran to evade the sanctions. Thus, the Chinese banks, instead of transferring the money from oil sales to Iran, are purchasing supply products for the Iranians.
 
Turkey is also useful to Tehran since it maintains good diplomatic relations with Iran and has close trade relations with Europe, The Daily Telegraph reports.

In particular, the publication provides data, according to which the Turkish businessmen are trying to acquire European financial institutions for Iran.