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.