Banking issues cannot be resolved without the FATF

Banking issues cannot be resolved without the FATF
  • 2020-12-31
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Tehran Chamber of Commerce Board Member: If the political views in a society are not in line with the economic views, it will be detrimental to the society, which is not in line in our country, but we hope that this will happen.

According to the International Iranian Stone Exhibition, Seyedeh Fatemeh Moghimi stated: "In the world and balanced conditions for cooperation of economic projects in the framework of banking and credit financial institutions are discussed. Naturally, the relevant scenario must be accepted and implemented by all consumer parties."

He added: "We can not sit on a separate island and say we are on this island and have nothing to do with anyone. Financial conditions and coordination in the transfer of money and preventing the profiteering of some people who are in certain orbits cause the FATF plan and be controlled by it. We must address this issue as long as national, political and economic interests are protected. Sometimes, with a little change in coordination with some issues, you can be in a group that benefits more than the previous conditions.

A member of the board of the Tehran Chamber of Commerce stated: "This issue can affect the economic relations between Iran and other countries by transferring money and healthy trade." If we are left out of this range, our banking problems can no longer be solved and the transfer of money through a proper banking method can not be done, which ultimately leads to a heterogeneity that leads to additional costs. That is, costs, prices, and exchange rates increase. All these factors will affect Iran's economic policy in the world.

He pointed out: "If the FATF is accepted, as a rule, it will lead to a balance, the calculation of a balanced and controlled attitude by our banking system, and other irrational and intermediary systems will not operate."

The head of the Iran-Georgia Chamber of Commerce, referring to the heterogeneity of political views with the interests and economic enterprises in the country, said: "If political views in a society are not in line with economic views, it will be detrimental to society that is not in our country, but we hope this happens." Give.

* ILNA