TEHRAN, Iran, Aug. 25
Trend:
The head of the Iran-Switzerland Joint Chamber of Commerce said Europe has more investment power than China and Asia, but when they do not invest in Iran, they can no longer be seen as potential capacity.
Iran's banking issue depends on joining FATF conventions and JCPOA revival, which has political solutions, Sharif Nezam Mafi said, Trend reports citing ILNA.
"Asia-oriented foreign policy and trade can lead to economic growth, but only if we can use trade routes," he said. “The most important issue in this regard is the banking issue.”
"Europe, abandoned Iran during Mr. Trump's presidency and in return for maximum pressure against Iran, Europe failed to maintain sufficient independence from the United States," Mafi noted.
He went on to say that the European countries bought time by launching a highly time-consuming mechanism called INSTEX.
"Iran's economy has become so weak under so much pressure at the present time that the ways out are not much different for us."