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UAE Says All Financial Transactions, Trade Exchange with Iran is Suspended

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Abu Dhabi, August 18 (QNA) - The United Arab Emirates affirmed today that it has suspended all commercial activities, trade exchange, and financial transactions with Iran until further notice.

Director of the Strategic Communications Department at the UAE Ministry of Foreign Affairs Afra Al Hameli rejected all claims regarding the status of economic relations between the UAE and Iran.

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, in reports carried by Emirates News Agency (WAM).

Al Hameli stressed the UAE's steadfast commitment to dialogue, cooperation, and regional integration as essential means of advancing peace, stability, and prosperity in the region.

She also stressed that the UAE remains firmly committed to safeguarding the integrity of the international financial system, in line with international law and the highest global standards. (QNA)

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