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Iran urges US to ease up on European banks wanting to trade

Washington should dispel fears of ‘retribution’ against Europeans interested in ties with Islamic Republic, FM Zarif says

Iran's Foreign Minister Mohammad Javad Zarif smiles during a meeting with Finland's Foreign Minister Timo Soini in Helsinki on Tuesday May 31, 2016. (Vesa Moilanen/Lehtikuva via AP)
Iran's Foreign Minister Mohammad Javad Zarif smiles during a meeting with Finland's Foreign Minister Timo Soini in Helsinki on Tuesday May 31, 2016. (Vesa Moilanen/Lehtikuva via AP)

HELSINKI — Iran’s foreign minister has appealed to the United States to refrain from “retribution” against European banks that want to do business with his country as it opens up to global trade ties.

Iranian Foreign Minister Mohammad Javad Zarif says the United States should “do far more … (and) provide assurances to the banks that this will not take place.”

Zarif was speaking Tuesday during a news conference in Helsinki with Finnish counterpart Timo Soini at the start of a regional tour of Finland, Sweden and Latvia.

Earlier this month, European financiers complained to US Secretary of State John Kerry during a visit to London they fear that doing business in the Islamic Republic would trigger US sanctions.

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