IMF to continue coop with Iran despite US sanctions


(MENAFN) On Friday, the International Monetary Fund (IMF) announced its intension to continue cooperation with Governor of Central Bank of Iran (CBI) Valiollah Seif despite the imposition of new sanctions by the US against the Iranian official, Fars News Agency reported.

"Iran is a member of the IMF, and as with all our members, the IMF will continue to work with Governor Seif and the Central Bank, consistent with the IMF"s Articles of Agreement," the IMF's Communications Department announced.

On May 15, the US Treasury Department named Seif and another senior banking official as "specially designated global terrorists" for allegedly assisting the Quds Force of the Islamic Revolution Guards Corps (IRGC).

This announcement comes in response to the CBI's inquiry about the international financial body's decision with regard to the US sanctions against Seif.

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