Financial Action Task Force (FATF) has been a source of discord between different government bodies in the past few days. Critics believe that Iran’s joining the FATF would provide the international organizations to restrict Iran’s maneuvering power, to which Mr. Velayati belongs. He told reporters on Sunday that the Islamic Republic should not comply with ‘any rules posed by international financial regulating bodies,’ since evidently, their objectives were to restrict Iran’s chances in promoting its position in international trade.
Takht Ravanchi similarly believed that Iran would not exchange or negotiate its economic independence with any global regulatory system, on which Iranian negotiators had been emphasizing during nuclear talks. “Iran had been carrying out actions to synchronize with international financial system, FATF being such system. The issue of accession is being discussed in the SNSC and Foreign Ministry and other government bodies should comply with any decision made ultimately,” he told reporters.
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