Iran Knows How to Deal With Sanc­tions

Iran News - - DOMESTIC -

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.

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