TEHRAN, Dec 27 Iran has agreed to accept Ceylon tea in payment for a Sri Lankan oil debt valued at US$251 million (RM1.05 billion), Iranian media reported Thursday. “In recent negotiations, we reached a written deal to reimburse Iran’s debt and interest on it in the form of a monthly.
In a first-of-its-kind barter deal, Iran has agreed to accept payment from Sri Lanka in the form of Ceylon tea to clear a debt for part oil exports worth $251 million. On Wednesday, Sri Lanka s P.