The United States will send a high-level delegation to the United Arab Emirates to warn local businesses about the risks companies face in trading with Iran, which has come under Washington's sanctions over Tehran's withdrawal from the nuclear deal. This was reported by the American edition of The Wall Street Journal, citing representatives of the State Department and the US Treasury Department.
According to sources in the publication, the United States will warn that the country is monitoring "transactions that contradict the sanctions imposed." They added that banks and companies that continue to trade with Iran despite sanctions "will be at enormous risk".
According to the newspaper, Andrea Gacki, director of the US Treasury Department's Foreign Assets Control Service, will travel to the UAE as part of the delegation. Its members will meet with representatives of petrochemical companies, private companies and banks.
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