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Iran calls on U.S., EU to help it access global financial system

15 April 2016 23:33 (UTC +04:00)

Baku-APA. Iran on Friday called on the United States and the European Union to help it access the global financial system, including assets that Tehran says were supposed to be unfrozen following its historic nuclear deal with major international powers, APA reports quoting Reuters.

"They need to do whatever is needed to honor their commitments," Iranian central bank Governor Valiollah Seif said at an event on the sidelines of the International Monetary Fund and World Bank spring meetings in Washington.

"Otherwise the JCPOA (Iran nuclear deal) breaks up under its own terms," he said.

Seif met with U.S. Treasury Secretary Jack Lew on Thursday and said they discussed Iran's expectations under the July 2015 nuclear agreement. Under that deal, Iran agreed to limit its nuclear program in exchange for improved access to the global economy, including the dropping of certain economic sanctions.