Iran seals banking deal with France

Iran seals banking deal with France

Iran seals banking deal with France

 

 
 
Iran has reached a basic agreement with France to re-establish mutual banking ties as soon as the sanctions are lifted.
Iran says it has reached a basic agreement with France to re-establish mutual banking ties as soon as the sanctions against Tehran are removed. 
Iran’s Deputy Minister of Industry, Mine and Trade Valiollah Afkhami-Rad has been quoted by the domestic media as saying that sanctions are the only obstacle on the way of the implementation of the agreement with France. 
Afkhami-Rad emphasized that similar deals have also been reached with other countries. Nevertheless, he said they cannot take effect unless the much-awaited Joint Comprehensive Plan of Action (JCPOA) becomes effective. 
Most of the countries with which Iran has been negotiating over the re-establishment of banking relations are the European ones, the official added. 
The JCPOA was reached between Iran and the P5+1 group of countries – the five permanent members of the Security Council plus Germany – after marathon talks in July.

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Headlines in Iranian English-language dailies on April 18

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