Publishe Date: 12:07 PM - 3/5/2016 | Print

No legal obstacle on way of expansion of Iran-Europe ties: Deputy FM

Politics - There is no legal obstacle on the way of expansion of Iran and Europe relations, Deputy Foreign Minister for American and European Affairs Majid Takht-e Ravanchi said on Saturday.

He made the remarks in the 2nd Europe-Iran Business and Banking Forum, holding in Tehran from March 5 to 7.

US declared that there is no obstacle on the way of trading with Iran based on the Joint Comprehensive Plan Of Action (JCPOA), therefore European banks' worries for reviving the relations with Iran is baseless, Takht-e Ravanchi added.

He criticized certain states which are still sabotaging the process of implementation of JCPOA, adding that Central Bank of Iran (CBI) is implementing new rules against money laundering and terrorism funding to facilitate ties with European banks.

Saying that unfair sanctions decreased European companies' relations with Iran in 2011 and 2012, the official said that Iranophobia and Iran sanctions have already joined history.

All nuclear-related financial and economic sanctions will be removed and Iranian banks have been already re-connected to SWIFT, Takht-e Ravanchi noted.

He referred to the Iran talks with Boeing Company, adding that Iran is interested in joint venture and transfer of technology to the country by European partners.

Takht-e Ravanchi referred to certain countries' good cooperation with Iran during sanctions, adding that Tehran is keen to enhance all-out ties with Europe based on mutual respect.

European banks are showing eagerness to resume activities in Iran now that the sanctions are being lifted against the Islamic Republic, he concluded.

The first edition of Europe-Iran Business and Banking Forum was held in Frankfurt on November 18-19, 2015, it was decided to hold the second edition in Tehran upon removal of the sanctions.

The Forum is to strengthen ties between Iranian and European banks and also boost cooperation between Iranian banks and foreign investors.

The participants are active in the fields of banking, auditing, consulting and payment services, as well as engineering, industry and energy sectors. The governors of some famous European banks are among the participants.

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