US Treasury to brief UAE, Israel on Iran pressure

WASHINGTON - The US Treasury will send its top national security official to the United Arab Emirates and Israel this weekend to brief government officials on new US actions to increase financial pressure on Iran.
The Treasury said David Cohen, undersecretary for terrorism and financial intelligence, will discuss the Obama administration's decision to declare Iran a jurisdiction of "primary money laundering concern" during the Nov. 26-29 trip.
He also will discuss expanded sanctions to ban firms from aiding Iran's oil and petrochemical industries.