Official: Sanctions on Iran Result in Negative Impacts on Global Trade
TEHRAN (Tasnim) – Iranian President Chief of Staff Mohammad Nahavandian said anti-Iran banking sanctions caused lack of transparency in trade and inflicted losses on both the countries who imposed sanctions and the ones who were sanctioned.
Nahavandian made the remark in his meeting with a senior official of the International Monetary Fund in Tehran on Monday.
“Anti-Iran sanctions were a good lesson which we hope will not be experienced by any other country, because not only the initiators of sanctions failed to reach their goals, but also the sanctions caused huge humanitarian and management costs,” Nahavandian told the Director of the IMF's Middle East and Central Asia Department Masood Ahmed.
Nahavandian urged the IMF to help the world draw lessons from the consequences of politically-motivated sanctions which were imposed on Iran.
Masood Ahmed, for his part, praised Iran’s economic measures during the past year, and said, “Caring for the private sector and creating a competitive business atmosphere during the past year have been outstanding and the IMF experts are willing to cooperate and assist”.
Ahmed also pledged the IMF’s support for scientific collaborations for transferring knowledge and experiences to Tehran.
Earlier in May, the IMF had predicted that Iran’s economy would experience a considerably stronger growth given Tehran’s nuclear deal with the six world powers.
The IMF had also estimated that the country’s economy would recover in 2014 because of the Islamic Republic’s structural monetary reforms.
