IFP Exclusive

FATF Accession Key to Surviving US Sanctions: Iran

If the Islamic Republic is to continue its trade exchanges with the outside world amid the harsh sanctions imposed on the country, it needs some specific work tools, one of which is the Financial Action Task Force (FATF), says Hossein Gharibi, an assistant to Iran’s foreign minister.

In an interview with Hamshahri daily, Gharibi said amid the growing US pressure, Iran must seek to keep open some small windows for cooperation with its partners.

“As a pioneering country in fight against terrorism, we can’t cut our ties with the outside world and violate its global norms. Diplomacy requires its own procedures and mechanisms,” he was quoted as saying.

Gharibi underlined that no country can remain reluctant to the international standards and added today 204 states and international organizations have already approved the FATF standards.

“Each country has its own reservations. We can meet our national interests within the accepted international norms. We should not tie the issue of the FATF to the US violation of the Iran nuclear deal,” he said.

The Iranian diplomat also said Iran won’t give any concessions to any country within the FATF and expressed hope that the related decision-making bodies could make the best decisions regarding the FATF.

Elsewhere, he said the Europeans have never raised the issue of FATF as a precondition for keeping their trade ties with the Islamic Republic despite the US pressure.

Gharibi warned of enemies’ plots to inflict further blow on Iran and said approval of the FATF provides Iran with a chance to resist further against the pressure exerted on the country.

“The FATF includes some recommendations which all states are required to observe. We are seeking to observe them with the goal of removing our current restrictions. Today, countries like China, Russia and India have all joined the global anti-money laundering body despite their sensitive security concerns,” he noted.

The remarks came after Iran’s Expediency Council postponed making decision on Iran’s FATF accession to the next Persian year (starting 21 March).

IFP Editorial Staff

The IFP Editorial Staff is composed of dozens of skilled journalists, news-writers, and analysts whose works are edited and published by experienced editors specialized in Iran News. The editor of each IFP Service is responsible for the report published by the Iran Front Page (IFP) news website, and can be contacted through the ways mentioned in the "IFP Editorial Staff" section.

Recent Posts

IRGC: US Iran’s main enemy, Israel can’t survive without its support

The spokesperson and deputy head of public relations for the Islamic Revolution Guard Corps (IRGC)…

1 hour ago

Iran says increased number of its centrifuges in response to the IAEA resolution

The Atomic Energy Organization and the Iranian Foreign Ministry announced that, in response to the…

1 hour ago

Iranian, Belarusian tourism ministers meet on facilitating tourist movement

Iran's Minister of Cultural Heritage, Tourism, and Handicrafts, Seyed Reza Salehi Amiri, met on Thursday…

4 hours ago

Unscheduled visit by Qatari prime minister to Tehran sparks speculation

Reports emerged by Iranian daily Donya-e Eqtesad suggest that the Qatari Prime Minister and Minister…

19 hours ago

ICC issues arrest warrant for Netanyahu, Gallant for ‘war crimes’ in Gaza

The International Criminal Court (ICC) has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu,…

20 hours ago

Iran to respond to Europe’s “non-technical” move: Foreign Minister

As France, Germany, and the United Kingdom submit an anti-Iran draft resolution to the International…

20 hours ago