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$1 Billion in Gold Imports from Venezuela to Turkey in 2018


(Ahval-Turkey) Gold imports from Venezuela to Turkey surged to almost $1 billion in 2018. The gold was allegedly to be refined in Turkey and returned to Venezuela, but there is no record of re-exportation. There was growing suspicion that the gold was ending up in Iran, Western diplomatic sources said. The U.S. is ready to take action against Turkey if its trade with Venezuela violates sanctions, a senior U.S. official told Reuters in early February.
2019-02-15 00:00:00
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