TEHRAN (AFP) - Iran’s central bank has established a special cell to fight back against Western economic sanctions that the institution’s chief described as “no less than military war,” the official IRNA news agency reported on Tuesday. “We have established a headquarters in the central bank, which meets on a daily basis” and whose task is “to manage the sanctions,” central bank chief Mahmoud Bahmani was quoted as saying. “In times of sanctions, we need to carry out asymmetrical economic warfare, which we have begun ... or else we would face difficulties and obstacles,” he said. He did not provide any details on the cell or its strategies.
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Iran central bank starts sanctions cell
August 01, 2012
on epaper page 8
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