Head of the Strategic Research Center of Iran’s Expediency Council, Ali Akbar Velayati, criticized the US decision to seize nearly $2bn of the Central Bank of Iran’s assets in an American bank, describing the move as an indication of Washington’s “bullying” approach.
Iran plans to open an offshore bank in the southern island of Kish “within a month” in a bid to facilitate its trade transactions and process international payments, a report said.
Iranian Foreign Minister Mohammad Javad Zarif called on the European parties to the July 2015 nuclear deal between Tehran and world powers to seriously address problems hindering foreign banks from trying to work with Iran.
Iranian Ambassador to Berlin Ali Majedi said the Islamic Republic has cleared its debt to Germany’s Hermes insurance company.
According to the regulations of free trade zones, foreign investors can establish new banks or bank branches in these zones, Seif said.
US Secretary of State John Kerry assured the world that financial transactions with Iran are safe and European banks should not be worried in this regard.
Under a deal the Ahmadinejad government signed with the Chinese, the Chinese have been entrusted with holding Iran's assets.
Iran’s government has approved a bill to change the country’s official currency from Rial to Toman (1 toman equals 10 rials).
A senior Japanese official has called for more opportunities for his country’s banks to increase their cooperation with Iranian financial institutes.
Iran’s Hassan Rouhani has urged that the opportunities provided by the JCPOA be taken advantage of to improve interaction with the world and the implementation of “Resistance Economy.”