Britain applauds US decision to target Iran with banking sanctions

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October 25, 2007 20:06

Britain applauded a US decision Thursday to target Iran with banking sanctions, but many European financial institutions have already curbed ties with Teheran and analysts said others wouldn't feel compelled to automatically take similar steps. In London, officials at the Treasury and the Financial Services Authority said they were consulting with each other on the matter. "We endorse the US administration's efforts to apply further pressure on the Iranian regime," Prime Minister Gordon Brown's office said.


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