Reuters, 22/03 16:01 CET
By Tom Arnold and Jonathan Saul
DUBAI/LONDON (Reuters) – More
than two months after international nuclear sanctions on Iran were
supposed to have ended, frustration is deepening that few trade deals
are going through as foreign banks shy away from processing transactions
with the country.
Iranian hopes of rapidly ending the country’s economic
isolation are fading as particularly European banks – some of which have
already been hit by hit huge U.S. fines for sanctions busting – fear
falling foul of the many other restrictions imposed by Washington that
remain in force.
Supreme Leader Ayatollah Ali Khamenei has accused the
United States of foot-dragging following the official implementation in
January of a nuclear deal with major powers.
“The Americans have not acted on their promises and
(only) removed the sanctions on paper,” he said in a televised address
on Sunday, complaining that international financial transactions faced
problems because banks “fear the Americans”.
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Source: Euronews
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