US removes Iraqi bank from Iran sanctions list

US removes Iraqi bank from Iran sanctions list

Washington (AFP) May 17, 2013 The United States on Friday removed sanctions on an Iraqi bank that was blacklisted last year for helping Iran skirt international financial controls over its nuclear activities. The US Treasury said it removed the sanctions placed last July on Baghdad-based Elaf Islamic Bank after Elaf acted to freeze assets of the Export Development Bank of Iran and cut its exp

1:07 PM UTC-4 http://www.spacewar.com/reports/US_removes_Iraqi_bank_from_Iran_sanctions_list_999.html?utm_source=feedly