‘Deferring CFT does not mean an end for Iran’s intl. economic transactions’

Heshmatollah Falahatpisheh, the Chairman of the National Security and Foreign Policy Commission of the Iranian Parliament, said CFT approval increases Iran’s bargaining power, at the same time, its dismissal does not mean an end for Iran’s economic transactions with the world. Referring to the re-examination of a law on combating the financing of terrorism (CFT) at National Security and Foreign Policy Commission’s meeting to be held on Sunday afternoon, he said the “in the current situation in the country different ideas are set up by different streams in relation to the conventions and requirements related to FATF issues, however, he noted, the Parliament will not act emotionally and will decide based on the national interests and The Constitution.” The reason for postponing for two months the review process of the government-proposed bill aimed at joining the United Nation’s International Convention for Combating the Financing of Terrorism, was to study the outcome of the talks with the European sides on JCPOA after US pullout, and now there is a controversy among different groups; on the other hand, according to the requirements declared by the Parliament Rules of Procedure, we have to announce vote on the bill as soon as possible, since Iran’s deadline with FATF is only 5 weeks away. He noted that the National Security and Foreign Policy Commission of the Iranian Parliament will consider every single opinion on Iran’s talks with European signatories to JCPOA