...

Iranian official denies media reports on cessation of Iran-China banking cooperation

Business Materials 26 April 2019 12:00 (UTC +04:00)

Tehran, Iran, April 26

Trend:

Vice Chairman of Iran and China Chamber of Commerce denies recent reports by some mass media on cessation of Iran-China banking cooperation and says that the China’s Foreign Ministry has announced its rejection on US sanctions.

Majid Reza Hariri rejected unofficial statements about suspension of cooperation between Iran and China and emphasized that any comments on banking relations between the two countries are to be made by the Central Bank, Trend reports referring to Iran and China Chamber of Commerce.

"The only official reference on this issue is the Central Bank,” he said. “This is a decision made at the highest level of the country in order to avoid misleading comments.” In his words, there is no problem with China in the exchange of non-sanctioned commodities and deals with non-sanctions banks, and Kunlun Bank will continue to work with Iran.

Referring to the official statement of the Chinese Foreign Ministry on the sanctions imposed on Iran, he said, "Chinese Foreign Ministry officially announced that it would not accept the sanctions and the Central Bank of Iran announced that it continued its operations on a routine basis."

However, Hariri did not rule out the possibility of interruptions or disturbances in the process due to the need to change the working methods and adjust them to new conditions when they are announced by the United States.

"The sanctions do affect Iran's trade relations with other countries including China and impact our foreign relations, but we need to address the issue," said the Vice Chairman of Iran and China Chamber of Commerce. In his words, it is important to be patient in the efforts to continue Iran’s connection with the rest of the world to serve the national interests.

Tags:
Latest

Latest