UAE fully complying with U.S. sanctions on Iran: official | Reuters:
The United Arab Emirates is fully complying with sanctions imposed this month by the United States on Iran even though it will mean a further drop in trade with Tehran, a UAE economy ministry official told Reuters on Monday.
Abu Dhabi, the political capital of the UAE federation, has taken a hawkish stand on Tehran, although Dubai, the country’s business hub, has traditionally been a major trading partner with Iran.
Washington announced on Nov. 5 a series of sanctions targeting Iran’s banks, shipping sector, national airline and 200 individuals after President Donald Trump pulled the United States out of an international nuclear deal with Tehran.
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