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Chris Backemeyer

Chris Backemeyer latest

The US Principal Deputy Coordinator for Sanctions Policy has begun a diplomatic campaign with businesses to clarify the US stance on banking transactions with Iran.   (AFP/Al Saadi)
March 24th, 2016 - 07:00 GMT

Post-sanctions, fears of US banking fines hamper Iran trade

US banks are still forbidden to process dollar transactions from Iran, but other international banks are not covered by the ban.
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