Iran Knows How to Deal With Sanctions
TEHRAN - China, Russia, and the EU will remain in the Joint Comprehensive Plan of Action (JCPOA), Iranian Deputy Foreign Minister Abbas Araqchi said in an interview with IRIB.
He said that the EU will implement a special financial mechanism to work with Iran.
Thus, transactions between Iran and Europe will be carried out without the U.S. control, Araqchi said.
He said that many countries have declared to Iran that they expect this mechanism to operate.
Thus, the countries can carry out transactions with Iran through this mechanism, Araqchi said.
He added that this mechanism is very complicated, and there are many technical and legal issues to be solved.
He added that several meetings with experts from the EU, three European countries, China and Russia were held.
The next meeting will be held in Europe with the participation of experts from the Central Bank, Petroleum Ministry, Foreign Ministry and other experts, Araqchi said.
He said that it may take some time for this mechanism to start operating.