US hindering Iran ties with international banks: Bank Governor

The governor of the Central Bank of Iran says the US Senate vote to extend the Iran Sanctions Act shows that Washington is not trustworthy.

On Saturday, Valiollah Seif stressed that the recent vote on the extension of sanctions against Iran was contrary to the spirit of cooperation based on last year’s historic nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), between Iran and the P5+1 group of countries.

The US Senate on Thursday unanimously voted to extend the Iran Sanctions Act for one decade after it was easily cleared in the House of Representatives last month.

“This behavior shows that the US cannot be trusted as it keeps backing off its commitments,” added Seif.

He went on to stress that the JCPOA was not a bilateral deal between Iran and the US, but was in fact a multilateral accord between seven countries which could not be blocked by a single party.

“We have been witness to the US’s oath breaking; Washington’s JCPOA commitments have not been carried out,” he added.

Seif further highlighted that the US is hindering the normalization of Iran’s ties with the international banking network by keeping foreign banks in a state of uncertainty.