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US will not grant Iran access to its financial system

Tuesday, 05 April 2016 8:32 AM [ Last Update: Tuesday, 05 April 2016 8:32 AM ]

The Obama administration is not planning to grant Iran access to the US financial system, State Department spokesman Mark Toner says. (file photo)

Elian el-Khamissi
Press TV, Washington

The United States says that it does not plan to permit the use of its financial system for dollar-denominated transactions with Iran, and that foreign companies could work through European banks. Washington has already come under fire from Tehran for dragging its feet on the removal of sanctions against Iran, under a landmark nuclear deal.

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