Clandestine Finance System Helped Iran Withstand Sanctions Crush, Documents Show

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Iran set up a clandestine banking system outside the country that handles billions of dollars in banned trade, according to documents and Western officials

WASHINGTON—Iran established a clandestine banking and finance system to handle tens of billions of dollars in annual trade banned under U.S.-led sanctions, enabling Tehran to endure the economic siege and giving it leverage in multilateral nuclear talks, according to Western diplomats, intelligence officials and documents.

The system, which comprises accounts in foreign commercial banks, proxy companies registered outside the country, firms that coordinate the banned trade, and a transaction clearinghouse within Iran, has helped Tehran resist the Biden administration’s pressure to rejoin

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is it evident or just propaganda

Today you bless my morning with my profits I don't feel like going to work anymore but I'll get my office and celebrate with my colleagues I know this profits is enough to take care of my family for now until I earn again here. Thank you Dennismayson9 I Salute you Sir 🙌❤️

Shocking. 🤷🏻‍♂️

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WSJ News Exclusive | Clandestine Finance System Helped Iran Withstand Sanctions Crush, Documents ShowThe system has helped Tehran resist the Biden administration’s pressure to rejoin the 2015 nuclear deal, buying it time to advance its nuclear program even while negotiations were under way. از کرامات شیخ ما این است شیره را خورد و گفت شیرین است Financial system is full of flaws The replacement for traditional banks is now mineplexio, in which there are no third parties.
Source: WSJ - 🏆 98. / 63 Read more »