UPDATE 1-U.S. assures banks on dollar dealings with China’s COSCO hit by Iran sanctions
The Trump administration
assured U.S. banks on Wednesday that they can temporarily
process U.S. dollar transactions on a Dalian unit of China’s
biggest shipping company COSCO that Washington had imposed
sanctions on over suspicions it transported oil from Iran.
assured U.S. banks on Wednesday that they can temporarily
process U.S. dollar transactions on a Dalian unit of China’s
biggest shipping company COSCO that Washington had imposed
sanctions on over suspicions it transported oil from Iran.
Posted by Reuters
