Moscow: Sanctions imposed against Iran’s banking system violate the charter of the International Monetary Fund (IMF) and are aimed at smothering Iran’s economy, Russian Foreign Minister Sergei Lavrov said.
“I think that the banking system situation breaches the IMF Charter, which demands that all of IMF member states ensure uninterrupted bank services to trade and economic contacts,” Lavrov said in an interview with the Russia 24 on Friday.
On December 31, 2011, the US imposed sanctions against Iran seeking to penalize countries for buying Iran’s oil or doing business with its central bank.
On January 23, the EU foreign ministers approved sanctions on Iran’s financial and oil sectors, which ban member countries from importing Iranian crude or dealing with the country’s central bank.
Following the EU sanctions, the Society for Worldwide Interbank Financial Telecommunication (SWIFT) announced its decision to discontinue services to Iranian banks.
“Sanctions against Iran exceeding the UN Security Council resolutions of 2010 and targeting at legal entities or individuals are actually aimed to ‘smother’ the national economy. We did not do that and neither did China. The UN Security Council adopted a highly refined resolution, which confirmed the need for settling the Iranian nuclear problem exclusively at negotiations,” he said.
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