Sunday 8 September 2019

U.S. to Press #UAE CEOs to Tighten Financial Screws on Iran - Bloomberg

U.S. to Press U.A.E. CEOs to Tighten Financial Screws on Iran - Bloomberg:

A senior U.S. Treasury official is in the United Arab Emirates to meet with the chiefs of the country’s banks and shipping companies as the Trump administration seeks to further tighten sanctions against the Iranian regime.

Sigal Mandelker, the Treasury’s undersecretary for terrorism and financial intelligence, will be meeting the chief executive officers of seven U.A.E. banks on Sunday and Monday. She will also hold talks with officials before heading to Switzerland and Israel.

“We’re discussing ways to work together to counter terrorism and Iran’s destabilizing influence in the region and around the world,” Mandelker told reporters in the capital, Abu Dhabi, on Sunday.

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