Iran, IMF agree on technical coop.

TEHRAN, Oct. 12 (MNA) – Iranian Economy Minister Ali Tayebnia while discussing the outcomes of his Washington DC trip said an agreement was reached with the International Monetary Fund on technical cooperation between the two sides.

Ali Tayebnia added that he had held talks on expansion of bilateral economic ties with counterparts from France, Sweden, Norway, Italy, Turkey, China, India and the Netherlands on the sidelines of the annual World Bank summit in Washington DC, during the week of October 3-9.

“During my meetings with European ministers, I pointed to the US’s lack of commitment to its obligations under the nuclear deal and highlighted the need for establishing banking relations,” he said, while referring to his various constructive meetings with senior managers of the World Bank (WB) and the International Monetary Fund (IMF).

IMF President Christine Lagarde in a meeting with Tayebnia promised to launch consultations with US authorities to remove barriers on cooperation between international and Iranian banks.

Vice-President of World Bank (WB), Kyle Peters, also voiced satisfaction towards advancements in Iran’s macro-economy, promising a quick revision of a roadmap for cooperation with Iran in order to achieve practical plans for offering financial facilities.

Tayebnia went on to stress, “we believe that unjust sanctions should not have become a basis for reduced or severed ties of WB and IMF with Iran. Now that the sanctions have been lifted, our natural expectation is to finally see the improvement of relations with these two organizations.”

The Iranian economy minister further maintained that he had underscored the need for boosting cooperation and financing the country’s development plans during the meetings with WB officials. 

MS/3794218

News Code 120458

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