Thursday, March 13, 2014

Western banks cold-shoulder Iran trade finance scheme

* Iran wants economic sanctions lifted * Iran keen to speed up humanitarian trade plan LONDON/ANKARA, March xx (Reuters) - Despite a diplomatic thaw, Western banks are steering clear of attempts by Iran to get them involved in financing humanitarian transactions, fearing they could be penalised under U.S. sanctions, bankers and government officials told Reuters. Iran was never barred from buying ...



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