CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

World / Americas

UN removes Iranian bank from sanctions list

Published: 18 Jan 2016 - 12:00 am | Last Updated: 15 Nov 2021 - 05:29 am
Peninsula

 

United Nations, United States: The UN Security Council on Sunday removed the Iranian bank Sepah and its international subsidiary from the UN sanctions blacklist after Iran came into compliance with the nuclear deal.

Iran's oldest bank, Bank Sepah and Bank Sepah International, were placed on the sanctions list in 2007 for supporting Iranian firms linked to the developement of missile technology.

AFP