All JCPOA Signatories Urged to Clear Hurdles

A lawmaker urged all the signatories of the 2015 Iran nuclear deal to take measures to remove the bottlenecks, particularly in the banking sector, which prevent Iran from fully benefiting from the historic accord. In a Saturday talk with ICANA, Shahrouz Barzegar, a member of Majlis National Security and Foreign Policy Commission, said, “Although there have been economic benefits after the implementation of JCPOA, one has to admit that banking hurdles require the serious action of all the signatories.”

JCPOA stands for the official name of the accord, Joint Comprehensive Plan of Action, which was signed between Iran and six world powers in July 2015.

The lawmaker noted that the full implementation of the deal could act as a role model for other world crises such as the North Korean issue. “The world community would recognize that negotiations can supersede military solutions,” Barzegar concluded. Iran says the unhelpful approach of some of the parties to the deal, particularly Washington, has made international banks and businesses wary of fully resuming their relations with Tehran despite the fact that the related international sanctions had all been lifted as part of the nuclear agreement.