Israeli carpet company to invest in US amid Iran sanctions

A carpet company in Israel is to invest more than $1 billion in a US carpet manufacturing and distribution facility, the Israeli economy ministry said Wednesday.The investment comes as the US administration faces pressure from its allies in Europe to ease sanctions on Iran over its nuclear program.

Published by admin inOctober 27, 2021
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A carpet company in Israel is to invest more than $1 billion in a US carpet manufacturing and distribution facility, the Israeli economy ministry said Wednesday.

The investment comes as the US administration faces pressure from its allies in Europe to ease sanctions on Iran over its nuclear program.