Tehran has threatened to bar major German banks that are pulling out of Iran due to US pressure and steep administration costs from returning to the country.
The vice governor of the Iranian central bank, Mohammad Jafar Mojarrad, told the Financial Times Deutschland that the banks’ actions could have long-term consequences.
“We are not happy with the banks’ decision,” he said.
“There is no guarantee that one can return when the good times are here again.”
Mojarrad said that because business ties are based on trust, it would be “very difficult to re-establish trust when it has been abused.”
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Mojarrad said that because business ties are based on trust, it would be “very difficult to re-establish trust when it has been abused.” [/blockquote]
Iran lecturing on trust. I just don’t even know where to begin with that line.