Europe urged to play more active role in standardizing Iran’s banking sys.

TEHRAN, Apr. 28 (MNA) – Deputy Foreign Minister Gholam-Reza Ansari pointed to the attempts taken by Iranian banking system for observing requirements of international standards and said, “European governments can play a stronger role in this progress with the support of their banks.”

As mainstay of country’s diplomacy of economy, Ministry of Foreign Affairs is responsible for coordinating executive policies in foreign arena, he said, adding, “all political envoys and diplomats at the ministry have been tasked with facilitating relevant activities.”

Once all parties involved in the nuclear talk had lived up to their commitments after the implementation of Joint Comprehensive Plan of Action (JCPOA), the official title of nuclear deal, the world and other regional countries would witness considerable peace and security, he maintained.

JCPOA under US new administration was extremely weakened, so that US President Donald J. Trump fueled a distrust of confidence by failing to comply with its commitments to panic and fear for European companies to work with Iran, Ansari highlighted.

The government of the Islamic Republic of Iran is under severe pressure from the public opinion, he said, adding, “a wide gap was created between international banking standards due to collapse of banking ties of countries with Iran.”

Relying upon its most educated, competent and skilled manpower, Islamic Republic of Iran is after filling these gaps rapidly, Ansari emphasized.

European governments could have a stronger role in this progress with the support of their banks, he criticized.

To conclude his remarks, Iranian Deputy Foreign Minister Ansari said that Islamic Republic of Iran has always been realistic and has taken giant strides to improve its ties with the outside world significantly. Experience shows that European banks and governments have not taken effective steps in this regard while Iran’s banking system is able to promote its standards in a proper banking relationship.

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