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MP: Neighboring countries won’t co-op with Iran without financial transparency

Business Materials 7 November 2018 10:27 (UTC +04:00)
Even the neighboring countries won’t cooperate with Iran if it doesn’t have financial transparency
MP: Neighboring countries won’t co-op with Iran without financial transparency

Baku, Azerbaijan, Nov. 7

By Elnur Baghishov - Trend:

Even the neighboring countries won’t cooperate with Iran if it doesn’t have financial transparency, Member of the Iranian Parliament’s Agriculture, Water and Natural Resources Committee Jalal Mahmoudzadeh said in an interview with ILNA.

He said that the US sanctions imposed on Iran and their influence shouldn’t be denied.

He added that Iran should strengthen and expand its relations with the European Union. Also, tensions with neighbors should be reduced, he said.

On the other hand, steps should be taken to support domestic production, he noted.

“Certain programs should be applied in the agricultural sector,” he said. “Strategic products shouldn’t be imported, and opportunities to export agricultural products should be created. This will result in an increase in foreign exchange earnings.”

He added that the opportunity should be used to create condition for the export of industrial and mining products, besides agricultural products.

In addition to foreign exchange earnings, this will create opportunities for employment, he said.

“Iran’s foreign policy should be revised and Europe’s protest against strengthening of the US sanctions should be taken advantage of,” he added.

He also commented on the non-acceptance of the CFT (Combating the Financing of Terrorism) project by Iran’s Assembly of Experts.

“Without financial transparency, European banks won’t cooperate with us,” he said. “FATF (Financial Action Task Force) projects should be approved if we want to carry out banking operations with other countries.”

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