UPDATE 2-U.S. assures banks on dollar dealings with China’s COSCO hit by Iran sanctions
26 Nov UPDATE 2-U.S. assures banks on dollar dealings with China’s COSCO hit by Iran sanctions
Posted at 21:16h
in
News
by KMFSLLP
The Trump administration
assured U.S. banks on Wednesday that they can temporarily
process U.S. dollar transactions on a Dalian unit of China’s
biggest shipping company COSCO that Washington had imposed
sanctions on over suspicions it transported oil from Iran.
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