20 Apr 2024
Sunday 2 December 2018 - 15:30
Story Code : 328983

Banking official: Major European bank keen on resuming coop. with Iran

MNA An official working in Irans banking system said Sun. that the country has held several sessions with a major European bank during which the bank has voiced readiness to resume cooperation with Iran in the face of US sanctions.

Ahmad Taheri Behbahani made the remark during the unveiling ceremony for a banking mobile application on Sunday.

He said that a number of foreign banks which used to write letters to Iran a few days ago saying it would be impossible for them to continue cooperation with Iran due to sanctions, are now saying that they want to resume cooperation with the Islamic Republic in the face of US sanctions.

He added that a major European bank has voiced readiness to resume financial transactions with Iran after several sessions held between the two sides.

Taheri maintained that Iran had no problem with supplying pharmaceuticals and basic goods during the previous era of sanctions before the signing of the JCPOA in 2015, and the country would be continuing its activities in the banking and financial sectors, as well as the supply of pharmaceuticals, basic goods and medical equipment under the current sanctions.

US withdrew unilaterally from the JCPOA in May and re-imposed sanctions against Iran which had been lifted under the 2015 deal. Washingtons second batch of sanctions came into force on Nov. 5, targeting Irans banking and oil sectors, which in effect posed restrictions on other countries for doing business with Iran.
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