Bureau Chief, United Nations
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May 23, 2013
May 23, 2013
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May 22, 2013
May 22, 2013
May 22, 2013

Exclusive: Glencore, Trafigura deals with Iran may have skirted sanctions – U.N.

UNITED NATIONS (Reuters) – Metals swap deals with Iran by Switzerland-based commodities giants Glencore Xstrata and Trafigura could have been a way of skirting international sanctions against Tehran over its nuclear program, according to a confidential U.N. Panel of Experts report seen by Reuters on Wednesday.

Reuters reported on March 1 that Glencore had supplied thousands of tons of alumina to an Iranian firm that has provided aluminum to Iran’s nuclear program, an allegation Glencore confirmed as accurate. Afterward, Trafigura acknowledged it had also traded with the same Iranian firm.
May 22, 2013

Glencore, Trafigura deals with Iran may have skirted sanctions -UN

UNITED NATIONS, May 22 (Reuters) – Metals swap deals with
Iran by Switzerland-based commodities giants Glencore Xstrata
and Trafigura could have been a way of
skirting international sanctions against Tehran over its nuclear
program, according to a confidential U.N. Panel of Experts
report seen by Reuters on Wednesday.

Reuters reported on March 1 that Glencore had supplied
thousands of tons of alumina to an Iranian firm that has
provided aluminum to Iran’s nuclear program, an allegation
Glencore confirmed as accurate. Afterward, Trafigura
acknowledged it had also traded with the same Iranian firm.
May 22, 2013
May 22, 2013
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    • About Louis

      "I am Reuters' United Nations bureau chief based in New York. My previous postings were in Berlin, Vienna, Hong Kong and Prague. I have reported from Europe, Asia, the Middle East, Africa and the United States."

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