Israeli Finance Chief, U.S. Counterpart Create Team to Enforce Iran Sanctions

In addition to Steve Mnuchin, Finance Minister Moshe Kahlon also met with Trump Mideast envoy Jason Greenblatt to discuss Israeli-Palestinian joint economic projects

Israel's Finance Minister Moshe Kahlon and his American counterpart Steven Mnuchin, August 28, 2018.

Israel's Finance Minister Moshe Kahlon and United States Treasury Secretary Steven Mnuchin announced Tuesday the establishment of a joint U.S.-Israel professional team that will enforce economic sanctions against Iran in the high-tech sector.

The two met in Washington Tuesday for the fourth time in their tenures.

The meeting was also attended by the Director General of the Ministry of Finance, Shai Babad, and the Israeli economic attaché in the U.S. Eran Nitzan.

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After meeting Mnuchin, Kahlon also met President Trump's special representative for the Middle East peace process, Jason Greenblatt. Kahlon and Greenblatt also discussed the possibility of promoting joint economic projects for Israel and the Palestinians with American backing.

Kahlon said: "The economic sanctions that the United States is leading against Iran have proven themselves. They contribute to removing the threat to Israel's security and to the security of the entire free world, and for this we must thank the U.S.... The joint team that we have established will be of great importance in tightening the sanctions on Iran. This is great news for the State of Israel."