Middle East Economic Survey

VOL. LII

No 42

19-Oct-2009

IRAN

UK Treasury Orders Financial Firms To Stop Trading With Bank Mellat, Iran Shipping Lines

UK Treasury Minister Sarah McCarthy-Fry announced on 13 October that the British government had ordered all financial companies to stop doing business with Irans Bank Mellat and state-owned Iran Shipping Lines Company. She said these companies wereconnected to Irans proliferation-sensitive activities and have been involved in transactions related to...