Economic exchange does not translate outside the FATF

Economic exchange does not translate outside the FATF
  • 2020-08-09
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We must be able to increase the level of trade with the world in order to grow the economic cake, otherwise we will go to the distribution of poverty with a GDP of four hundred billion dollars for a population of eighty million people.

According to the International Iranian Stone Exhibition, Hamidreza Salehi, referring to the lack of banking relations and the return of export currency, said: "Now, in addition to sanctions, the issue of FATF has also led to an obstacle to the return of export currency." So that apart from the private sector, the government can not return the money deposited in Italy, India and South Korea.

He added: "Banking relationships around the world are defined within the framework of the FATF, just as the world opposes money laundering and non-transparent banking relationships, we are of the same opinion. Because corruption affects economic security and even human beings.

The head of the Energy Commission of the Chamber of Commerce said: "Now our country complies with many provisions of this convention, but we have not yet formally accepted it."

He reminded: the opposition should also help to remove obstacles and problems in this direction, to move in a direction that is within the framework of international economic custom. Otherwise, in addition to sanctions, the FATF issue will further challenge our oil and non-oil exports.

Salehi stressed: "We must take the path to be able to return the export currency through banking exchanges and international communications, which will not be translated outside the membership in this convention."

"We need to be able to increase the level of trade with the world to grow the economic cake, otherwise we will go into poverty distribution with a GDP of $ 400 billion for a population of 80 million," he said.

* ILNA