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Home > Industry News > Fake News Buster: No Barter On Oil

A rumour that the Indian government is going for  barter system  to get oil from Iran in exchange for its products
SO, WHAT’S THE TRUTH?

Union Minister for Commerce Suresh Prabhu has clarified in Lok Sabha that there is no proposal for barter trade involving direct exchange of goods for oil purchases.

 

Source : https://bangaloremirror.indiatimes.com