U.S. Secretary of State: It's too early to talk about who will invest in Iran's reconstruction fund, but the U.S. won't be contributing

¬ Central Bank of Iran: Iran has exported millions of barrels of oil in recent days

+

U.S. Secretary of State Marco Rubio said it is still too early to discuss who will invest in Iran's reconstruction fund, but one thing is certain— it won’t be the United States.

Speaking to reporters ahead of his visit to the Middle East, Rubio addressed the possibility of Gulf states participating in investment in the Islamic Republic of Iran’s reconstruction fund, stating: “No, it’s still too early for that.”

Rubio noted that the prospects of regional countries investing in the fund depend on Tehran’s actions. At the same time, he ruled out any possibility of U.S. investment.

He added: “We won’t be investing, nor is this government money. I believe progress in resolving a series of other security issues over the next few days will determine the outcome.”

On the evening of June 18, Iran and the United States signed a memorandum remotely, aiming to end the military conflict that began on February 28. The memorandum also established a timeline for the U.S. lifting its maritime blockade and Iran resuming shipping through the Strait of Hormuz.

In addition, Iran pledged not to pursue nuclear weapons, and the issue of Iran’s nuclear program should be resolved through a separate agreement. Both sides will hold negotiations on this matter within 60 days. For Tehran, the ultimate goal is the lifting of sanctions against Iran.

+

Abdolnasser Hemmati, Governor of the Central Bank of Iran, stated that Iran has already exported millions of barrels of oil, and even though the U.S. has issued licenses, Iran will not abandon measures to circumvent oil sanctions.

On Monday, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) released a general license allowing activities related to the production, sale, delivery, and unloading of Iranian crude oil, petrochemicals, and petroleum products, valid until August 21.

Citing comments from Hemmati, the Central Bank of Iran noted: “Oil exports are still ongoing. Millions of barrels have already been exported in recent days, but the advantage of this agreement lies in eliminating the cost of fund transfers and the complexities associated with sanctions.”

When commenting on the U.S.-issued license, the governor emphasized Iran’s intention to continue its existing mechanisms for circumventing sanctions.

He added: “This does not mean we will give up the network we previously built to offset sanction pressures. These channels will remain effective.”

Source: sputniknews

Original: toutiao.com/article/1868846932902025/

Disclaimer: This article represents the views of the author alone