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Friday, 11 March 2016 19:17

Iran urges banking restrictions removal

Iran urges banking restrictions removal
Iran calls for the facilitation of its banking transactions and trade exchanges with world countries following the January removal of sanctions against Tehran, the chief of staff of President Hassan Rouhani says.

According to Press TV, in a meeting with British Foreign Secretary Philip Hammond in London on Friday, Mohammad Nahavandian added that the implementation of Iran's nuclear agreement with world powers, known as the Joint Comprehensive Plan of Action (JCPOA), has created great potentialities for the expansion of Tehran-London relations.

Iran expects countries, particularly those involved in the nuclear agreement, to prepare the ground for banking activities and trade exchanges between financial and banking institutions, Nahavandian said.

He added that countries, which are keen to improve trade and economic cooperation with Iran, should adopt “practical measures” that would have direct and objective effects on the country’s economy.

Iran’s constructive interaction, as the main strategy in the country’s foreign policy, has opened a new chapter in its cooperation with other states, the senior official pointed out.

The British foreign secretary, for his part, hailed the removal of sanctions against Tehran and said his country is eager to take practical measures at the earliest to broaden relations with Iran in all fields.

Hammond expressed hope that the remaining few obstacles in the way of bolstering financial and banking cooperation with Iran would be removed as soon as possible.

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