By staff and agencies

U.S. seeks to stop transfer of Iran’s cash out of Germany

July 10, 2018 - 19:59

Top Trump administration officials are working to stop Germany from allowing Iran to fly more than $350 million in cash out of the country and back to Tehran.

The Trump administration is already working to stop the German government from allowing this transfer following weekend reports that Iran is poised to fly around 300 million Euros out of the country, The Washington Free Beacon reported on Monday.

On Sunday Iranian Foreign Ministry spokesman Bahram Qassemi rejected as baseless that claim that Germany has blocked parts of the Islamic Republic’s financial assets.

“Unfortunately a psychological war by some extra-regional states and anti-Iran groups has been waged over the past days and weeks as Iran and other parties to the JCPOA have engaged in talks over the future of the 2015 agreement,” website of Iran’s Foreign Ministry quoted him as saying.

The freeze report came as ministers from Britain, China, France, Germany and Russia met their Iranian counterpart in Vienna Friday to provide Tehran with an economic package to compensate for U.S. sanctions that begin taking effect in August, Press TV reported.

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