Friday, 30 July 2010




By PETER FRITSCH in Washington and DAVID CRAWFORD in Berlin As the international sanctions noose tightens around Iran's nuclear program, Tehran is increasingly relying on a small, Iranian-owned bank in Germany to conduct business on behalf of the regime's blacklisted companies, Western officials say. The European-Iranian Trade Bank AG—known as EIH Bank for its German initials—has done over a billion dollars of business for Iranian companies associated with Iran's conventional...
Full Story: Wall Street Journal



 

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