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Vaccine Import Blocked by FATF Blacklist: Gov’t

Vaccine Import Blocked by FATF Blacklist: Gov’t
Vaccine Import Blocked by FATF Blacklist: Gov’t

Efforts to import vaccines to fight the deadly coronavirus pandemic have so far been in vain due to blacklisting by the Financial Action Task Force, the global anti-money laundering watchdog, the government spokesman told reports in Tehran on Tuesday. 
"With regard to the payment, several attempts to transfer money failed due to [non-compliance with] FATF standards and [US] sanctions," Ali Rabi'ie told a virtual press conference, IRNA reported.  
He said not accepting FATF norms has hurt Iran's financial transactions "even at times when the US sanctions are not an obstacle."
Rabi'ie, however, stressed that the Rouhani administration is determined to buy the vaccine even if the payment risks are high. He did not elaborate.

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