Iran: European insurance companies resist cooperating with Tehran

Baku, Azerbaijan, Apr. 20

By Fatih Karimov - Trend:

The European insurance companies still are cautious regarding the cooperation with Iran, Akbar Kamijani, Vice-President of Central Bank of Iran said.

He made the remarks in a meeting with a German trade delegation in Tehran April 20, Mehr news agency reported.

The resistance of the European insurance companies in cooperation with Iran is "beyond the expectations," Kamijani said.

He further said that International sanctions against Tehran imposed loses to Iran's European partners as well.

Establishment of banking ties is vital for trade and economic ties between Iran and Germany, he added.

Kamijani further referred to talks with various European insurance companies including Sace from Italy, Oesterreichische Kontrollbank from Austria and French Coface as well as the issue of clearing the debts as the achievements of the CBI after removal of the sanctions last January.

Talks with German Hermes are still underway, he said, expressing hope that the talks will be concluded in the near future.

He further said that supports of governments of Germany, Austria, Italy and France were effective in achieving agreements with the insurance companies.

Kamijani also called on Germany government to support banking transactions between the two countries.

Iran says the EU must force the US to settle banking problems following the implementation of the nuclear deal.

In a meeting with the EU Foreign Policy Chief Federica Mogherini in her recent Tehran visit, Secretary of the Supreme National Security Council of Iran Ali Shamkhani asked the EU to confront with what he called Washington's "obstruction" of nuclear deal implementation.

He argued that the US is seeking to continue its sanctions policy against Iran and is troubling the implementation of the JCPOA (Joint Comprehensive Plan of Action, aka nuclear deal).

Earlier, Valiollah Seif, the head of Iran's central bank, accused the US and the EU of failing to honor the JCPOA by keeping Iran locked out of the international financial system.

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