Penelope
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- Jul 15, 2014
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Britain lifts asset freeze on five Iranian companies
Update: 09:32, 10 October 2014 Friday
The Iranian companies were suspected of using their services for fulfilling Iran's nuclear ambitions.
World Bulletin/News Desk
Britain has lifted sanctions against five Iranian entities following a verdict by a European Union court.
In a notice published last Friday, the British treasury said sanctions against the National Iranian Tanker Company, Sorinet Commercial Trust, Sharif University of Technology, Moallem Insurance Company and Sina Bank had been annulled.
The bans were imposed because the companies were suspected of using their services for Iran’s nuclear energy program.
This year, the U.K. announced it would reopen its embassy in Tehran.
Also, last month, Prime Minister David Cameron met with Iranian President Hassan Rouhani at the UN in New York, which was the first time a British premier met with an Iranian president since the 1979 revolution.
Britain lifts asset freeze on five Iranian companies Economy Worldbulletin News
Update: 09:32, 10 October 2014 Friday
The Iranian companies were suspected of using their services for fulfilling Iran's nuclear ambitions.
World Bulletin/News Desk
Britain has lifted sanctions against five Iranian entities following a verdict by a European Union court.
In a notice published last Friday, the British treasury said sanctions against the National Iranian Tanker Company, Sorinet Commercial Trust, Sharif University of Technology, Moallem Insurance Company and Sina Bank had been annulled.
The bans were imposed because the companies were suspected of using their services for Iran’s nuclear energy program.
This year, the U.K. announced it would reopen its embassy in Tehran.
Also, last month, Prime Minister David Cameron met with Iranian President Hassan Rouhani at the UN in New York, which was the first time a British premier met with an Iranian president since the 1979 revolution.
Britain lifts asset freeze on five Iranian companies Economy Worldbulletin News
