Molyslip Atlantic


"There is growing political pressure on European banks to support corporate clients seeking to do business in Iran. Apart from an eagerness to seize opportunities for trade with a country of 77m people, European politicians also want to support the moderate government of Iran’s President Hassan Rouhani. British prime minister David Cameron wrote to Barclays in February asking the bank to explain its refusal to handle a payment on behalf of Molyslip Atlantic, a British lubricant maker arranging sales in Iran." (Financial Times, “Europe’s banks begin tentative return to Iran,” 4/3/2016)