22 May 2016
Tehran - Director General of Foreign Ministry's Political and International Affairs Department Hamid Baeedinejad said on Sunday that banking restrictions on Iran to convert foreign exchanges to Euro have been abolished.

In a message on his telegram social network account, he said Iran is not going to give up till complete implementation of the Joint Comprehensive Plan of Action (JCPOA).

According to him, removal of financial resections against the Islamic Republic demands a national resolve.

Baeedinejad cited as evidence the conversion of some $ 750 million by Indian companies in Euro in a bank in Turkey for paying the first installment of their debts to Iran.

This indicates that restrictions on transfer of huge amount of money as well as exchange of funds from Rupee to Euro are now abolished, Baeedinejad said. 

© IRNA 2016