Palestinian Authority Chairman Mahmoud ‘Abbas on Saturday signed a decree designed to reassure foreign banks that they can do business with Palestinian banks without violating American and Israeli counter-terrorism regulations. The specific terms of the decree were worked out with help from the International Monetary Fund and carry severe punishment for offenders. Israeli banks recently cut all ties with banks located in the Gaza Strip after
Abbas Moves to Reassure Foreign Banks
Posted By The Media Line Staff On In Mideast Daily News
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