UK drops sanction on Iranian Bank under Iran's pressure: MP

09:35, March 02, 2010      

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An Iranian lawmaker said Monday that Britain dropped sanction on the Iranian Bank Mellat under Iran's pressure, the local English-language satellite Press TV reported.

After Iran's Bank Mellat won a preliminary court case against British sanctions, the Iranian lawmaker Hossein Ebrahimi said that the move was an outcome of Tehran's pressure on London, the report said.

In October, the British Treasury moved to forbid any financial company within the UK to do business with Bank Mellat over its alleged connections with Tehran's nuclear program, Press TV said.

"After Iran's Parliament exerted pressure on Britain, London removed sanctions on Bank Mellat," Ebrahimi was quoted as saying.

According to Press TV, he said the Iranian lawmakers were working on a bill that calls on the government to reconsider relations with Britain following London's interference in Tehran's internal affairs.

"Britain's withdrawal of sanctions can be regarded as a positive move," he said, adding that "This shows that parliamentary pressure will play an influential role."

The lawmaker expressed hope that Britain "will modify its policies on Iran to prevent Iran from making a special decision about relations with the country."

On Saturday, Iran's English-language daily, Tehran Times, reported that after months of Bank Mellat's fight to overturn a Treasury ruling, the High Court in the UK passed a verdict on Thursday in favor of Iran's Bank Mellat.

Source: Xinhua
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