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Iran Says FATF Ratification Depends on Trump’s Behaviour

FATF’s Blacklisting of Iran; Threat or Opportunity?

He said these two bills are currently put aside at the council and the members do not see any reason to rush to ratify these two bills, but they would be studied at the ripe time.

In an interview with ILNA, Tavakoli noted that “when we say we do not see any reason to rush, it means that it’s not on the agenda.”

He also warned of the dangers of ratifying these bills saying that the enemy is pushing for their approval, but when they do not comply with their commitments, there is no need to hurry.

In response to a question that public opinion may say the adoption of these bills will help improve livelihoods, Tavakoli underlined there is no trust in the bills because they may make the living conditions of people even more difficult.

“If we would be decisive, the life of people will get better. The government’s recent move against the United States forced them to back off because the government had a tough reaction. Our latest experience shows that a strong response improves the situation. Our experience has shown it since the 1953 coup. If we stand firm, they will back off, otherwise they won’t draw back,” underlined Tavakoli.

The Expediency Council addressed the ratification of the two controversial bills on Iran’s accession to the Paris-based Financial Action Task Force (FATF) last week.

Iran has been requested to ratify the Combating of Financing of Terrorism (CFT) and Palermo conventions as part of the requirements to join the global anti-money laundering watchdog.

The FATF on Friday said Iran had until October to meet international standards against money-laundering and terror financing.

It said that it was for now keeping counter-measures against Iran suspended with the exception for a call to all countries to increase supervisory examination of Iranian banks’ branches and subsidiaries, Reuters reported.

If by October Iran had not met international norms, the FATF said it would require scrutiny of transactions with Iran and tougher external audits of financial firms operating in Iran.

FATF Statement ‘Alarming’

In an interview with IRNA on Sunday, Iranian Vice-President for Legal Affairs Laya Joneydi expressed concern about the FATF’s statement, saying that the announcement of further actions in the future is alarming.

“Unfortunately, we are getting back step by step to the initial point which should not be allowed to. It is expected that the Expediency Council will finalise the studies of the two bills sooner in order to prevent any further action being taken,” she underlined.

Joneydi went on to say that it would have been better if this problem could be solved before we were faced with this issue. In that case our international banking relationships and capacities would have not been damaged further.

The Iranian vice president noted that everyone should note that this is a national interest matter and part of the rights of the people and citizens.

“Facilitating of economic relations and exchanges is the right of the people to be preserved at least to safeguard their livelihoods,” she concluded.

Financial Action Task Force (FATF) introduces itself as an inter-governmental body established in 1989 by the Ministers of its Member jurisdictions.

The objectives of the FATF are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.

The FATF is therefore a “policy-making body” which works to generate the necessary political will to bring about national legislative and regulatory reforms in these areas.

UK’s Hasty Decisions Not to Help Ease Tensions: Iran

Kharrazi made the remarks in a Sunday meeting with the UK’s Foreign Office Minister Andrew Murrison, who is in Tehran to discuss “urgent de-escalation” of regional tensions during “constructive” and “transparent” talks with top Iranian officials.

By hasty decisions, Kharrazi was referring to the UK Foreign Secretary’s claim that Iran had been behind the recent tanker attacks in the Sea of Oman.

He also pointed to the 60-day deadline Tehran has given the European countries to fulfill their commitments under the Iran nuclear deal, warning that Iran will take “further measures” if Europe fails to take any step.

“They should know that it is very serious,” he warned.

During the talks, the two sides also conferred on bilateral relations between Tehran and London, the Iran nuclear deal, and the latest regional developments.

Earlier, the UK Foreign Office had announced the trip, saying that “the UK has an ongoing diplomatic dialogue with Iran.”

The trip was announced after Donald Trump said the US was “cocked and loaded” to retaliate against Iran for downing an American drone, but canceled the attack 10 minutes before they were to be carried out on Thursday after being told 150 people could die.

President Trump withdrew from a nuclear deal with Iran in 2015 to what he claims restricting Iran’s nuclear activities.

Trump Thanks Iran for Not Downing Manned Aircraft

“There was a plane with 38 people yesterday, did you see that? I think that’s a big story. They had it in their sights and they didn’t shoot it down. I think they were very wise not to do that. And we appreciate that they didn’t do that. I think that was a very wise decision,” Trump told reporters on Saturday.

The Iranian air defence shot down a US MQ-4C drone which had been flying above its territorial waters in the Strait of Hormuz on Thursday in maximum stealth.

Commander of the Islamic Revolution Guards Corps (IRGC) Aerospace Force Brigadier General Amir Ali Hajizadeh said Friday that the Iranian air defence system could have targeted an American P-8 military aircraft that was flying next to the doomed UAV.

In his Saturday remarks, Trump also referred to his administration’s increasing pressure on Tehran, and said it’s “not about oil.”

“The fact is that we’re not going to have Iran have a nuclear weapon. When they agree to that, they’re going to have a wealthy country and I’m going to be their best friend.”

The US president also added that it was important to ‘start over’ on the Islamic Republic, and rephrased his own campaign slogan, saying “let’s make Iran great again.”

He also claimed he would be Iran’s ‘best friend’ and that the Islamic Republic could be a ‘wealthy’ country if it stopped pursuing nuclear weapons despite the fact that Iran’s leadership has repeatedly expressed firm opposition to the development and use of weapons of mass destruction including nuclear weapons.

‘Non-Oil Exports from Iran’s Chabahar Port Doubled’

VP Urges Boost to Iran’s Non-Oil Exports

Director General of Ports and Maritime Affairs of Sistan and Baluchestan, Behrouz Aqa’ee, said loading and unloading of goods after the opening of the first phase of Shahid Beheshti port of Chabahar have dramatically increased.

“Loading and unloading of various types of oil and non-oil products in the Chabahar port has grown by 37% since the beginning of this year compared to the same period last year.”

During this period, oil products’ loading and unloading grew 69%, IRNA quoted him as saying.

The number of vessels above 1,000 tonnes has increased by 29% as well, added Aqa’ee.

The Islamic Republic has awarded the development project of its strategic Chabahar port to India, and the South Asian country committed $500 million to build two new berths in this port.

Chabahar Port’s exemption from the new round of the US sanctions on Iran provides the opportunity for benefitting from the potentials and infrastructures of the port, and will definitely boost exports and imports.

Iran to Take Legal Action against US Drone Encroachment: VP

Laya Joneydi said intrusion into the maritime, land and aerial borders are not acceptable and tolerable at all, and Iran will file a lawsuit against the US in this regard.

The Islamic Revolution Guards Corps (IRGC) announced on Thursday that its air defence force had shot down an intruding American spy drone in the country’s southern coastal province of Hormozgan.

The IRGC said in a statement that the US-made Global Hawk surveillance drone was brought down by its Air Force near the Kouh-e Mobarak region, which sits in the central district of Jask County, after the aircraft violated Iranian airspace.

Amir Ali Hajizadeh, the commander of the IRGC Aerospace Division said on Friday that Iran has refrained from shooting down a US plane with 35 people on board that was accompanying the downed American spy drone.

“This plane also entered our airspace and we could have targeted it, but we did not because our purpose behind shooting down the American drone was to give a warning to terrorist American forces,” Hajizadeh added.

In a letter addressed to United Nations Secretary General António Guterres and the UN Security Council on Thursday, Iran condemned the violation of its airspace by the US spy drone, saying that the international community needs to confront Washington’s destabilizing actions.

“Iran condemns, in the strongest possible terms, this irresponsible and provocative wrongful act by the United States, which entails its international responsibility,” Majid Takht-e Ravanchi, Iran’s ambassador to the UN, wrote in the letter.

Iranian Official Warns Arabs against Hosting US Bases

Amir Abdollahian

In a post on his Twitter account on Saturday, Hossein Amir-Abdollahian said Saudi Arabia, the United Arab Emirates, and Bahrain have been making fun of regional security by offering their soil to the outsiders and allowing the US to carry out acts of espionage with drones and take provocative measures.

“They (Saudis, Emiratis, Bahrainis) do not have a proper understanding of sustainable security and stability, and are playing with the fire in which they are going to burn,” he added.

His warning came after the Iranian Foreign Ministry summoned the chargé d’affaires of the United Arab Emirates to express Tehran’s strong protest at the incursion of a US spy drone into the Iranian airspace, which had taken off from a US base in the UAE.

In a meeting with the Emirati envoy on Saturday, the director of the Foreign Ministry’s Persian Gulf Department said Iran does not accept that another country provides foreign forces with facilities for any aggression against Iran’s maritime, land, and aerial borders.

“Other countries cannot disclaim their responsibility in such cases,” he added.

The US Global Hawk (RQ-4) drone was shot down on Thursday morning in an area close to Kuhmobarak village in Iran’s Hormozgan province, near the Persian Gulf waters.

In a statement, the IRGC said the ‘Global Hawk’ spy drone took off from a US military base in the UAE at 19:44 GMT on Wednesday (00:14 am local time on Thursday), switched off all of its communication systems, and flew towards the port city of Chabahar in south-eastern Iran via the Strait of Hormuz in maximum stealth.

When flying back to the western part of the region, the unmanned plane violated the Iranian airspace near the Strait of Hormuz and began to spy on Iran and collect information, the statement added.

The IRGC Aerospace Force’s air defence unit shot down the intruding drone in Iran’s airspace at 23:35 GMT, it noted.

The doomed aircraft, an RQ-4C Global Hawk, is one of the world’s most advanced spy drones that costs more than $130 million to build.

The intruding drone was reportedly shot by Iran’s homegrown air defence missile system “3rd of Khordad”.

Iranian Automaker May Use Peugeot Logo on Homegrown Car

In an interview with IRIB, Hashem Yekke Zare’ denounced Peugeot for violating its agreement with Iran Khodro and its decision to leave Iran.

Despite the French carmaker’s pullout from Iran, the IKCO manufactured Peugeot 301 single-handedly and is currently producing 80 percent of the compact sedan’s engine inside the country, he added.

“We do not need Peugeot at all,” the CEO noted, saying the local manufacturers of car components joined hands and produced the necessary part of 301, from the dashboard to fenders and headlights.

Yekke Zare’ then noted that the Peugeot company’s deputy chief had claimed that Iran would not be able to make 301 under the sanctions, but the answer he received was, “You have thrown a punch in such condition of sanctions, so you are going to get two punches.”

The French have announced that Iran would not be allowed to use the Peugeot logo on 301, but the IKCO has made it clear that it feels free to use the logo, because Peugeot has pulled out of Iran, he concluded.

The owner of an Iranian manufacturer of car components has told IRIB that 3,000 Peugeot 301s will be produced in the three months of winter alone, while more than 100,000 new ones are expected to be made in the next Iranian year.

In June 2016, Iran Khodro and the French carmaker Peugeot-Citroen (PSA) agreed to launch a joint auto company in Tehran under a joint venture worth 400 million euros.

But in 2018, the French side reneged on the agreement and decided to obey the US sanctions against Tehran by leaving Iran.

Ex-Employee of Iran’s Defence Ministry Executed for Espionage

A statement from the judicial organization of the Iranian Armed Forces said the convict, Jalal Hajizavar, was a former contract employee working at the Defence Ministry’s Aerospace Organization.

The culprit who had left his job at the ministry nine years ago was court-martialed after the ministry’s intelligence office detected his acts of espionage.

Hajizavar had confessed to spying for the CIA in exchange for money during interrogation, the statement added, noting that documents, evidence and spying equipment have been found at his home.

The culprit was executed after a wholly legal process with full respect for the rights of defendant, whose attorney was present in all court sessions and different stages of investigation, it added.

The spy’s wife has been also sentenced to 15 years in prison on charge of involvement in espionage, the statement concluded.

Iran-China Banking Ties Facilitated: Official

In an interview with Tasnim, Asadollah Asgaroladi said the problems that the Iranian manufacturers and official companies were encountering in banking transactions with China have been all resolved.

“The banking transactions (with China) have fortunately become smooth and there is no trouble in this regard,” he added.

Asgaroladi, however, noted that Iran’s unofficial companies and tourists are still dealing with outstanding problems.

Iran and China are going to hold a series of meetings this week to settle the banking problems of unofficial companies as well, he stated.

Back in June, Vice Chairman of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) Pedram Soltani announced plans for the resumption of activity of China’s Bank of Kunlun in Iran by the end of 2019 and “only using Chinese unit of currency yuan and with full observation of US sanctions with regard to the goods, real and legal entities, transport companies and bank.”

China’s Bank of Kunlun is the only Chinese bank that cooperates with Iran.

Iran Threatens to Boycott Asian Boxing Games over Persian Gulf’s Name

In a Saturday interview with IRNA, President of the Iranian Boxing Federation, Hossein Soori, said Iran will boycott the Asian Confederation Schoolboys Boxing Championships in Kuwait, unless the Asian Boxing Confederation (ASBC) corrects the mistake of using the fake name of Arabian Gulf.

Deploring the ASBC for distorting the real name of Persian Gulf in its official website, he said Iran stands firm when it comes to the issues concerning the country’s historical identity.

Soori said the Iranian federation is closely pursuing the case by entering into correspondence with the authorities, noting that the results will come out within the next three days.

The Asian Boxing Confederation has referred to the host of the upcoming games, Kuwait City, as a city located on the shore of what it has called the Arabian Gulf.