Dubai will never sever trade ties with neighbour and major trade partner Iran, a senior Dubai economy official said on Wednesday, as pressure on Tehran to curb its uranium enrichment drive keeps mounting.
The United Arab Emirates, to which Dubai belongs, has signalled it will rein back its role as a trading and financial lifeline for Iran after the U.N. Security Council imposed a fourth round of sanctions on Iran in June over accusations it is developing a nuclear bomb.
"It's never an option to end trade with Iran," Sami al-Qamzi, director general of Dubai's Department of Economic Development, told reporters on the sidelines of an event.
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