Advertisement

UAE halts all trade, financial transactions with Iran

UAE Iran trade halts
File photo of UAE-Iran Flags.
Stay updated - Follow TOK on WhatsApp for instant alerts!
The UAE has suspended trade, commercial exchanges and financial transactions with Iran until further notice.
The UAE Foreign Ministry cited regional escalations threatening regional and international peace and security.
Abu Dhabi said it remains committed to dialogue, cooperation and regional integration to promote regional stability.
0:00 / --:--
Advertisement

The United Arab Emirates has halted all trade, commercial exchanges and financial transactions with Iran until further notice, citing regional escalations that threaten regional and international peace and security.

Follow Times of Karachi on Google News and add as a preferred Source on Google

The announcement was made by Afra Al Hameli, Director of the Strategic Communications Department at the UAE Ministry of Foreign Affairs (MoFA), who rejected allegations regarding the current status of economic relations between the UAE and Iran.

Al Hameli said the UAE remains committed to dialogue, cooperation and regional integration as essential means of promoting peace, stability and prosperity in the region.

Also Read: Israel plotting to kill Iranian negotiators

“Al Hameli underscored that, in light of regional escalations that undermine regional and international peace and security, all trade, commercial exchanges, and financial transactions with Iran have been halted until further notice,” the UAE Foreign Ministry said in a statement.

The UAE official also stressed that Abu Dhabi remains committed to safeguarding the integrity of the international financial system in accordance with international law and the highest global standards.

Advertisement

Follow the Times of Karachi channel on WhatsApp

The announcement comes amid heightened regional tensions, with the UAE reiterating its position that dialogue and cooperation remain central to efforts aimed at maintaining regional stability.

Share

Follow Times of Karachi on Google News and explore your favorite content more quickly!
Leave a Reply
Related Posts
🚫 Ad blocker detected. Please disable your ad blocker to support our content.
Close Button
Advertisement