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Kerry: Iran deserves access to US financial system

US Secretary of State John Kerry says Iran deserves access to the US financial system because it has met its obligations under the nuclear agreement.

Kerry was asked Tuesday during an interview on MSNBC about the recent effort by the Obama administration to give Iran limited access to the dollar currency.

“It’s fair for Iran to get what it deserves because it kept its part of the bargain to date, with respect to the nuclear agreement.”

“We’ve in fact tried to work to make sure that the banks that are supposed to be doing legitimate business with respect to the transactions that are okay after the agreement, that they’re operating,” the top US diplomat added.

“Iran deserves the benefits of the agreement they struck. And President Obama has said it, I’ve said it, US [Treasury] Secretary [Jack] Lew has said it.”

Kerry’s remarks come after the US undersecretary of state for political affairs, Thomas Shannon, said the White House is not planning to allow Iran to access its financial system or use the US dollar for transactions as part of sanctions relief.

Washington has already come under fire from Tehran for dragging its feet on the removal of sanctions under the nuclear deal.

Iran and the P5+1 finalized the Joint Comprehensive Plan of Action (JCPOA) in Vienna, Austria, on July 14, 2015. They started to implement the JCPOA on January 16, 2016.

Under the agreement, limits are put on Iran’s nuclear activities in exchange for, among other things, the removal of all nuclear-related economic sanctions against the Islamic Republic.

A group of Republican senators last month unveiled legislation that requires the administration to sanction every sector of Iran’s economy that supports the country’s ballistic missile program.


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