date:May 20, 2013
etite from many international trade firms now to supply cargoes with an ultimate Syria destination and the brokers are acting as the conduit. There is reluctance still to trade directly with Syria, a Middle East-based trade source said.
Another European trader said payments were made in places such as Lebanon and Dubai by the brokers so there was no direct involvement with Syrian accounts or Syrian sellers.
The key is to ensure the letter of credit has no Syrian trace, which suits everyone, th