LankaWeb – Sri Lanka will use tea to pay off its $251 million oil debt to Iran lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
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Iran has agreed to accept Ceylon tea in exchange for some $251 million in oil debt from the South Asian island nation of Sri Lanka, Iranian media report.
Although many observers assumed that the recent uptick in tensions between Iran and the Republic of Azerbaijan (see EDM, October 6) would die down following the telephone calls between Iranian Foreign Minister Hossein Amir Abdollahian and his Azerbaijani counterpart, Jeyhun Bayramov (Al Jazeera, October 13), subsequent public remarks by the latter country’s President Ilham Aliyev again incensed Tehran. In his …