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  Adar 21, 5772 , 15/03/12

Steinitz: We'll Continue to Promote Iran Sanctions

Finance Minister Yuval Steinitz welcomed the decision by the Swift financial clearing house, Thursday, to cut off Iranian banks.

The Treasurer said, "A modern economy cannot function without international clearance, as well as an increasingly tight financial siege." He added that "the Israeli government, and the Ministry of Finance in particular, will continue to promote worldwide economic sanctions and measures to hinder the commercial and financial activities of Iran."

Other archived news briefs:Mar 15 2012, 10:58 PM, 3/15/2012