Financial Times FT.com

US pushes EU to shut down Iranian banks

By Daniel Dombey in Washington, Roula Khalaf and James Blitz in London

Published: February 12 2008 19:27 | Last updated: February 12 2008 19:27

The US is pushing the European Union to increase the pressure on Tehran over its nuclear programme by stopping two Iranian banks from operating on European soil.

The plan to take steps against Banks Saderat and Melli – a move also backed by Paris and London – would build on a United Nations Security Council resolution that the US and the EU hope to push through this month.

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