Middle East Economic Survey
VOL. LII
No 51-52
21/28-Dec-2009
IRAN
Majlis Approves Bill For Establishment Of Foreign Banks
Majlis Economic Committee spokesman Mohammad Reza Khabbaz told IRNA on 13 December that the parliament has approved a bill that setting out of rules for the establishment of foreign banks in Iran. The legislation is expected to take a minimum of two weeks to be fully approved by government, and is a result of the amendment of Article 44 of the constitution allowing for the...
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