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"WASHINGTON: The Bush administration's new policy of penalizing Iranian banks is facing a critical challenge as financial institutions in Russia, China and much of the Middle East decline to cut ties, analysts and diplomats say.
Even Afghanistan and Iraq have so far declined to take action against Bank Melli, Iran's largest public financial institution, which was among the first foreign banks to open branches in Kabul and Baghdad."
Bush's bid to punish Iranian banks stalls - International Herald Tribune
Even Afghanistan and Iraq have so far declined to take action against Bank Melli, Iran's largest public financial institution, which was among the first foreign banks to open branches in Kabul and Baghdad."
Bush's bid to punish Iranian banks stalls - International Herald Tribune