US has to do more on nuclear deal: Iran
Iran says the US must do more to encourage banks into doing business with the Islamic Republic following the lifting of sanctions.
Foreign Minister Mohammad Javad Zarif told a news conference in Norway on Tuesday that Iran had yet to feel gains from a July nuclear agreement with the West and other parties.
"I believe the United States on paper has removed all the sanctions," Zarif said in a joint news conference with EU's foreign policy chief Federica Mogherini in Oslo.
Top Iranian officials have complained that the US is not fulfilling its part of the nuclear agreement. Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei has said the US has resorted to “deception” to obstruct international trade with Iran.
Officials in the US State Department and Treasury have frequently said that Iran would not be given any access to the American financial system. Hence, banks are reluctant to do business with Iran over the fear of being penalized by Washington.
"On the banks, I believe it is important for everybody to realize that an agreement will be sustainable if everybody feels they are making gains from the agreement,” Zarif said Tuesday.
“Its implementation must also be a win-win implementation so that everybody feels there are benefits, there are dividends" Zarif added.
Mogherini said the EU is engaging with businesses and banks to encourage them to do business in Iran, adding bilateral trade in the first four months this year had risen by 22 percent.
"We are very actively engaging with the business community and the banks in Europe and elsewhere to encourage engaging in Iran," she said.
Although challenges remain, developments were heading "in the right direction," Mogherini said.
"Europe is committed to ensure that the Iranian citizens can benefit from the lifting of the sanctions," she said.
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