
IRAN, 14 July 2017— The security commission of Iran regime’s parliament in its second six-month report on Wednesday, June 12, 2017, on the implementation process of JCPOA announced: “Big banks are not dealing with Iran because of fears of the US sanctions.”

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According to the commission’s report, 238 individuals and entities belonging to the regime are on the sanctions list of the UN Security Council and will remain on the list for at least seven more years.
Part of this report states: “Why do big banks refuse to connect with Iran’s banking system?”

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In this report, the US hesitation to address the banking barriers and the continued concern of large banks to work with the clerical regime due to fears of heavy US fines are enumerated as the reasons for the big banks’ refusal to interact with the regime.