Turkey says its banks not violating UN Iran sanctions
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A senior Turkish minister said on Tuesday that no Turkish banks or companies were in violation of United Nations sanctions imposed on Iran over its disputed nuclear programme.
Trade Minister Zafer Caglayan was reacting to a Reuters story that said Turkey and other US allies have been allowing Iranian banks with suspected links to Tehran's atomic program to do business within their borders, frustrating Western countries trying to financially squeeze the Islamic Republic. (Reuters)
