No Iran Assets in Italian Banks Blocked
IRAN NEWS ECONOMIC DESK
TEHRAN – Chairman of Iran-Italy Joint Chamber of Commerce Ahmad Pourfallah denied that Iran’s assets in Italian banks have been blocked and claimed his words during talks with ILNA news agency have been misinterpreted.
In reaction to his interview with ILNA, Pourfallah said that for many years Italy has been Iran’s first partner in commercial relations and has fulfilled its obligations and no Iran assets have been blocked in Italian banks due to sanctions
In his interview published by ILNA, Pourfallah had said that the amount of Iran’s money in Italy is not as much as in the countries like China, India and Iraq but the blocked money belongs to the last oil consignments sold to Italy which has not been repatriated and it is not a big figure and it is around 4 or 5 billion dollars.
Now the chairman of the chamber refuted it and says Italy is one of Iran’s good trade partners.
