Foreign Minister Mohammad Javad Zarif this week appeared resigned to the FATF blacklisting, accusing Washington of using its maximum pressure campaign to exert influence at the FATF. — AFP pic
These would entail more scrutiny of transactions with Iran, tougher external auditing of financing firms operating in the country and extra pressure on the few foreign banks and businesses still dealing with Iran. “It’s a middle solution. A sort of a fudge to leave the door open for the Iranians,” said one of the diplomats.
“The United States was pushing for the toughest position , while other countries like China and Russia preferred something more flexible,” said a European official. “The Europeans were looking for something in between.”
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