CBI, US Treasury, Int’l Banks to Meet in London: Hammond

TEHRAN (Tasnim) – The British foreign secretary said officials from the Central Bank of Iran (CBI), the US Treasury and London-based international banks are scheduled to hold a meeting in the British capital Tuesday to discuss banking restrictions on trade with Iran despite a lasting nuclear deal.

CBI, US Treasury, Int’l Banks to Meet in London: Hammond

"There is a meeting happening this afternoon ... between the Iranian Central Bank, the United States Treasury and international banks based in London in an attempt to try to make some progress on this matter," Hammond said as cited by Reuters on Tuesday.

While the nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), between Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany), came into force in January, some Iranian officials complain about the US failure to fully implement the accord.

Back in March, Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei said Americans have yet to fulfill what they were supposed to do as per the nuclear deal.

Iran still has problems in its banking transactions or in restoring its frozen assets, because Western countries and those involved in such processes are afraid of Americans, the Leader said at the time, criticizing the US for its moves to prevent Iran from taking advantage of the sanctions removal.

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