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The United States and the European Union target Bank Tejarat for sanctions

  • Wiley Rein LLP
  • -
  • European Union, Iran, USA
  • -
  • January 24 2012

On January 23, 2012, the U.S. Department of Treasury, pursuant to Executive Order 13382, which prohibits transactions with and freezes the assets of weapons of mass destruction proliferators and their supporters, announced the designation of Bank Tejarat, Iran's third-largest bank for sanctions