President Trump has won another victory: Germany’s central bank has terminated a $400 million cash delivery to Iran.
Deutsche Bundesbank has previously worked with the Iranian-owned European-Iranian trade bank (EIH) to end-around sanctions the United States has placed on Iran. As Fox News reports, “The U.S. and the European Union previously sanctioned the EIH for its role in advancing Iran’s nuclear and missile programs. The sanctions on the EIH were lifted after the world powers reached an agreement to curb Iran’s nuclear program in 2015.”
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