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US urges EU action to overcome Iran sanctions appeals

By REUTERS

MARCH 25, 2013 18:08

BRUSSELS) - The United States is concerned Iranian appeals to European courts could loosen sanctions against Tehran, said a State Department official on Monday who urged the EU to urgently find a way to allow judges to examine secret intelligence evidence.

Europe's General Court told EU governments in January to lift asset freezes against Bank Mellat and Bank Saderat, two of more than a dozen Iranian banks which the European Union says are helping finance Tehran's nuclear programme.

Both the European Union and the United States view sanctions against the Iranian banking sector as a crucial component of economic pressure designed to force Tehran to scale back the nuclear work, which they suspect has covert military goals.

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