France provides credit line for exporters to Iran

France opens a credit line for Iranian clients of French exporters, report Reuters. The line will avoid US dollar and any US passport holder, confirms the state-owned investment bank, Bpifrance. Credits will be available in May or June 2018. Bpifrance increased its export credits to 186 million euros in 2017, from 30 million euros in 2016, and plans to reach 400 million euros in 2018, says the report.

Read the original article: France to finance exports to Iran to sidestep U.S. sanctions