Tehran, May 15, IRNA � Deputy Foreign Minister for Europe-American Affairs Majid Takht-e Ravanchi said on Sunday that negotiations of US Secretary of State John Kerry and European banks are something positive, but Iran expects practical steps to be taken by the parties to JCPOA.

He told IRNA that according to the media reports, negotiations between John Kerry and the European Banks has been totally not bad, but it is important to see what would happen in practice.

Answering a question about whether or not the Europeans have requested guarantee from Iran, Ravanchi said it is not correct and the matter does not concern Iran.

He said that in the banking business, the two sides work with each other only upon appropriate economic elements.

Takht-e Ravanchi said that such demand for guarantee is meaningless.

One of principalist media quoting informed sources in Tehran wrote on Sunday that a number of European bankers sent informal message that they are ready to restart banking trade with Iran if Tehran undertakea to compensate their penalties by the US.

Concerning reopening Canada embassy in Tehran, Takht-e Ravanchi said that Iranian Foriegn Ministry held one round of talks with Canadians and the contacts will go on.

It is important that the Canadians take distance from extremist policies of the former Canadian government, he said.

By IRNA