Deputy Treasury Secretary Wally Adeyemo described them as a 'shadow banking' network that moves billions of dollars each year for Iran and allows foreign buyers and dozens of front companies to help sanctioned Iranian companies continue to trade. Adeyemo said the new measures show the US is committed to enforcing sanctions and disrupt the foreign financial networks Iran uses to launder funds.

https://vovworld.vn/en-US/news/us-puts-shadow-banking-network-linked-to-iran-on-blacklist-1182079.vov

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