About This Source - FRANCE 24 English
The video item below is a piece of English language content from France 24. France 24 is a French state-owned international news television network based in Paris.
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FRANCE 24 English published this video item, entitled “Iran’s merchants find costly workarounds to US economic sanctions” – below is their description.
Prices for imported goods have skyrocketed in Iran since former US president Donald Trump withdrew from the 2015 nuclear deal and imposed economic sanctions on the country. Merchants and consumers are continuing to bear the costs.FRANCE 24 English YouTube Channel
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Iran is home to one of the world’s oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. The Iranian Revolution established the current Islamic Republic in 1979.
Iran’s political system combines elements of a presidential democracy and an Islamic theocracy. Iran is a founding member of the UN, ECO, OIC, and OPEC. It is a major regional and middle power and has large reserves of fossil fuels — including the world’s largest natural gas supply and the third largest proven oil reserves.
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