Monday 21 February 2011

Turkish banks working with Iran - economy minister

Reuters/ Turkish banks are working with Iran and the government sees no problems trading with its neighbour as long as it doesn't involve Tehran's nuclear programme, Economy Minister Ali Babacan said on Monday.

Turkey has previously said it will comply with U.N. Security Council resolutions, but has not provided guidelines to its banking sector on how to grapple with fresh financial sanctions imposed by the United States and the European Union.




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