Iran not to sit down until all JCPOA-related financial problems removed – diplomat

Business Materials 10 June 2016 21:54 (UTC +04:00)

Tehran, Iran, June 10

By Mehdi Sepahvand - Trend:

Iran will not sit down until it has removed all the banking and financial problems related to the implementation of the Joint Comprehensive Plan of Action (JCPOA, aka nuclear deal), says Hamid Baidinejad, Iranian Foreign Ministry's political and international affairs director.

"Iran has ample tools to put pressure on the opposite side," the diplomat told Trend June 10.

At the same time, he said, Iran should not forget the very important achievements it had via the JCPOA, including the continuation of the uranium enrichment and other important nuclear activities.

"Neither should we downsize the objectives of the JCPOA to economic gains," he added.

The JCPOA was reached last July between Iran and the group 5+1 (the US, the UK, France, Russia, China and Germany) to solve the dispute over Iran's nuclear program.

All the financial problems relating to the sanctions on Iran were expected to be lifted by the JCPOA's implementation in January. However, there are currently many problems hindering Iran's banking relations with the international community.