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Iran calls for US to ease banking restrictions
– canadianbusiness.com
TEHRAN, Iran – Iran’s foreign minister on Saturday called on the United States to ease restrictions on non-American banks doing business with the Islamic Republic, saying it would help reassure Iranians over last year’s nuclear deal.
“Iran will definitely put pressure on the United States to pave the way for the co-operation of non-American banks with Iran,” Mohammad Javad Zarif said during a press conference with visiting EU foreign policy chief Federica Mogherini.
“The other party, particularly the United States, is required to implement its commitments in banking co-operation,” he said, referring to the historic agreement, which lifted sanctions on Iran in return for it curbing its nuclear activities.
Zarif added that the “Iranian people should feel results from the nuclear deal.”
Tehran has accused the U.S. and the European Union of keeping Iran locked out of the international financial system despite the deal.
But Mogherini said “we can reassure our financial sector and our banking system on the fact that we would welcome very much on the European side their engagement in Iran, as this would constitute a good basis for our economic co-operation…
“Iran will definitely put pressure on the United States to pave the way for the co-operation of non-American banks with Iran,” Mohammad Javad Zarif said during a press conference with visiting EU foreign policy chief Federica Mogherini.
“The other party, particularly the United States, is required to implement its commitments in banking co-operation,” he said, referring to the historic agreement, which lifted sanctions on Iran in return for it curbing its nuclear activities.
Zarif added that the “Iranian people should feel results from the nuclear deal.”
Tehran has accused the U.S. and the European Union of keeping Iran locked out of the international financial system despite the deal.
But Mogherini said “we can reassure our financial sector and our banking system on the fact that we would welcome very much on the European side their engagement in Iran, as this would constitute a good basis for our economic co-operation…
Turkey and Iran seek closer economic co-operation
– canadianbusiness.com
ISTANBUL – The presidents of Turkey and Iran have agreed to boost economic co-operation between their neighbouring nations.
Turkish President Recep Tayyip Erdogan and Iranian President Hassan Rouhani, speaking Saturday at a joint press conference in Ankara, prioritized banking co-operation and easing custom duties to foster investment and increased trade. They also hope to boost tourism between their citizens, a sector that took a hit in Turkey after deadly suicide bombings in Ankara and Istanbul.
Iran has been seeking to integrate into the global financial system since nuclear-related sanctions were lifted, but has accused the U.S. and the European Union of shutting it out despite the deal.
Erdogan said the two nations, which are at odds over Syria, should work together “to tackle the problems of sectarianism and terrorism” that are shaking the region.
The post Turkey and Iran seek closer economic co-operation appeared first on Canadian Business – Your Source For Business News.
Turkish President Recep Tayyip Erdogan and Iranian President Hassan Rouhani, speaking Saturday at a joint press conference in Ankara, prioritized banking co-operation and easing custom duties to foster investment and increased trade. They also hope to boost tourism between their citizens, a sector that took a hit in Turkey after deadly suicide bombings in Ankara and Istanbul.
Iran has been seeking to integrate into the global financial system since nuclear-related sanctions were lifted, but has accused the U.S. and the European Union of shutting it out despite the deal.
Erdogan said the two nations, which are at odds over Syria, should work together “to tackle the problems of sectarianism and terrorism” that are shaking the region.
The post Turkey and Iran seek closer economic co-operation appeared first on Canadian Business – Your Source For Business News.
