Zarif Warns of Dangers Facing Iran Should Nuclear Deal Collapse

  • 6/25/2018
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Iranian Foreign Minister Mohammed Javad Zarif warned that Iran would face great risk should the JCPOA (Joint Comprehensive Plan of Action) collapse, but stressed that his country will still withdraw if it found itself forced to do so.  “Failure of the JCPOA (nuclear deal) would be very dangerous for us,” Zarif told members of the Iran Chamber of Commerce, quoted by the official IRNA news agency. “This is certainly not the (Iranian political) systems choice,” he added. Zarif also attacked internal bodies that are inciting the market by falsely boosting rumors and promoting pessimism concerning an exit of all foreign companies from Iran.  In an unprecedented attack, Zarif accused Reuters of spreading 50 “false” reports a day about the Iranian economy.  He criticized the pressure placed on the Rouhani government, saying that all sits “in one boat,” whether conservative of reformist.  He implicitly responded to recent calls made by political figures for Rouhanis resignation.  The top diplomat went on saying that a Rouhani exit and a conservative overtake of office will not lead to success. Zarif reiterated his call for preserving national unity. The Iranian government fears that problems facing Iranian banks encouraging domestic and foreign investment will be further exacerbated if financial watchdog organizations hunt them down in light of returning international sanctions. Zarif also relayed Iranian government intentions on submitting a draft-law which takes into consideration Iranian Supreme Leader Ali Khameneis recommendations into consideration regarding financial transparency and the debate on whether Tehran should join the international Financial Action Task Force on Money Laundering (FATF) or not. FATF monitors terrorist financing and money-laundering activities. On the other hand, Zarif warned against the return of trade stigma to Iranian economic activity, saying that it partly caused a traders and foreign companies’ exodus from Iran, strongly advocating the cleric-led country joins FATF.

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