BANKS WARY OF IRAN BUSINESS DESPITE UN AGREEMENT TO REINTEGRATE THE COUNTRY INTO INTERNATIONAL FINANCIAL SYSTEM

SINCE the 2015 nuclear agreement between Iran and the USA, the UK, Russia, France, China, Germany and the European Union (EU), foreign financial institutions have – in theory - been allowed to do business with Iran. But the reality – as ever with relations with Iran – is proving to be a good deal more complex. As it stands, and especially with the now hostile stance of the US administration of President Donald Trump to the Joint Comprehensive Plan of Action – JCPOA ...


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