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Iran demands US guarantees for European banks

The Iranian foreign Minister Mohammad Javad Zarif said that the US government is obliged to give security of tenure to European banks involved in trade with the Islamic Republic.

Reuters news Agency reported that Zarif insisted on a public statement by the US on non-use of sanctions against European companies that will operate in the Iranian market after the lifting of sanctions.

The Iranian Minister made the remarks during a visit to London.

Despite the lifting of sanctions against Iran’s nuclear program, U.S. restrictions forbid U.S. citizens, banks and insurance companies to operate in Iran, and prohibited conduct through the American financial system deal with Iran in dollars.

Iran demands US guarantees for European banks 05.02.2016

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