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May 20, 2016 8:59 am

US Again Urges Reluctant European Banks to Trade With Iran

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A Swiss bank. The US once again told European banks that trading with Iran is permissible. Photo: Wikimedia Commons.

A Swiss bank. The US once again pushed European banks to trade with the Islamic Republic of Iran. Photo: Wikimedia Commons.

The United States and its partners in the Iran nuclear talks are trying anew to convince European banks and businesses that now-legal trade with the Islamic Republic won’t be punished.

U.S. Secretary of State John Kerry, the foreign ministers of Britain, France and Germany and the European Union’s foreign policy chief said in a joint statement Thursday that Iran deserves the sanctions relief it’s due under last year’s landmark nuclear deal. “This includes the reengagement of European banks and businesses in Iran,” they said after meeting in Brussels.

Read full story at The Associated Press. 

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