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Iran transfers foreign accounts to South East Asia

TEHRAN, January 20 (RIA Novosti) - Iran has started to transfer its foreign accounts to banks in South East Asia in order to ensure their security, a top banking official said Friday.

"It is true, the transfer of Iran's foreign bank accounts to countries in South East Asia has already started," Ebrahim Sheybani, Governor of Iran's Central Bank, said.

"We are transferring monetary funds to places that we consider secure," he added.

Iran continues to dominate the international agenda in the wake of its announcement last week that it would resume uranium enrichment research.

Members of the European trio of France, Germany and the UK are likely to insist that the matter to be referred to the UN Security Council, which has the power to impose sanctions if Iran is found to be in breach of its international commitments when the governors of the International Atomic Energy Agency meet next month in Vienna.

Iran had however said it was ready to talk to Russia on a Moscow proposal that it uses only uranium enriched in Russia for its planned nuclear power plants, removing the need for its own research, Russian nuclear energy chief Sergei Kiriyenko said Friday.

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