International sanctions against the mullahs’ regime have caused a 33% decrease in exports from the United Arab Emirates, The Wall Street Journal reported.
According to UAE officials, export to Iran from this country in the first half of 2012 decreased by nearly 33%. A decrease in export trade from Dubai and UAE in general is a significant picture of the fact that sanctions have forced Iran to decrease its imports in the face of the harsh sanctions.
These international measures have led to a serious drop in oil exports and the value of Iran’s rial to nose dive against foreign currencies.