Deputy FM Holds Sanctions Talks in Bern

Deputy FM Holds Sanctions Talks in BernDeputy FM Holds Sanctions Talks in Bern

The major powers which signed the landmark nuclear deal last July with Iran should fully and completely fulfill all their obligations, particularly those related to the banking sector, a senior diplomat says.

In a meeting with Swiss Foreign Minister Didier Burkhalter in Bern on Friday, Deputy Foreign Minister for European and American Affairs Majid Takht-Ravanchi reminded him that Tehran has complied with its obligations under the agreement, formally known as the Joint Comprehensive Plan of Action, Press TV reported.

Iran and the five permanent members of the UN Security Council -- the United States, France, Britain, China and Russia -- plus Germany started implementing the JCPOA in January.

Under the deal, all nuclear-related sanctions imposed on Iran by the European Union, the UN Security Council and the US were lifted. Iran, in return, put some limitations on its nuclear activities.

However, major international and European banks still refrain from engaging in transactions with Iran for fear of US penalties and its vague and non-committal position on restarting normal business ties with Iranian companies.

  Political Dialogue

Takht-Ravanchi said political dialogue between Tehran and Bern would help pave the way for expansion of bilateral cooperation, particularly in the economic spheres.

The Swiss official welcomed the growing trend of relations between the two countries and said Bern is keen on drawing on the opportunities created by the mutual engagement and to cooperate on regional developments. Takht-Ravanchi was in Switzerland for political talks with the western European country's senior officials months after Tehran and Bern agreed on a roadmap for improving relations.

The roadmap was agreed by President Hassan Rouhani and his Swiss counterpart Johann Schneider-Ammann in Tehran in February.

"The aim is to re-launch dialogue between Switzerland and Iran," the Swiss Department of Economic Affairs, Education and Research said in a statement.

During Schneider-Ammann's visit to Tehran, the two sides  signed agreements in the fields of economy, banking cooperation, politics and culture.