US to warn UAE against trade with Iran

US to warn UAE against trade with Iran

The United States will send a high-ranking delegation to the UAE to warn Emirati businesses about the risks they are exposing themselves to due to their trade with Iran, 

which has come under American sanctions in connection with Tehran's withdrawal from the terms of the nuclear deal.

The Wall Street Journal writes about this, citing representatives of the US Department of State and Department Treasury.

The United States side will warn the UAE business community that the country records "transactions that run counter to the sanctions". 

It is noted that banks and companies that continue to trade with Iran despite sanctions "will put themselves at great risk".

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