Iran’s President says Tehran can’t even access its own money sitting in China

Although he is the President of Iran, he has absolutely no idea how this so-called "money" actually works. The parties involved will never let him in on it or allow him to get involved.

However, as Indians, you can certainly start your routine mockery—though the truth is, no one really cares what you have to say.
 
Why Indians so obssessed with China? The level of jealousy due to the higher living standards, much longer lifespan and clean streets without pollution and rubbish makes indian jealousy meter go right up to boiling point.

Indian economy sliding from 4th to 6th must have broken indians delusion of ever being a major power
 
Why Indians so obssessed with China? The level of jealousy due to the higher living standards, much longer lifespan and clean streets without pollution and rubbish makes indian jealousy meter go right up to boiling point.

Indian economy sliding from 4th to 6th must have broken indians delusion of ever being a major power
Surprisingly , I find you more on related to Indian threads than anything else anyway
 
Sinmp
Although he is the President of Iran, he has absolutely no idea how this so-called "money" actually works. The parties involved will never let him in on it or allow him to get involved.

However, as Indians, you can certainly start your routine mockery—though the truth is, no one really cares what you have to say.
Simple answer.. Due to fear from sanctions

Largely connected to its oil trade. Iranian officials have sometimes described access as restricted.
Because Iranian banks and entities are under extensive U.S. sanctions, moving those funds through normal international banking channels can expose Chinese banks and companies to secondary sanctions.
 
It is in dollar account, without USA authorization, merely a string of digits.
 
Yes its been a long time now. Almost from the year 2009 till now. Iran's assets were frozen.

Its not news at all.

Chinese banks like other banks around the world are dependent on SWIFT and other western payment platforms.

Add that to US role and the US pressure.

Moreover China is not Iran's brother in arms to sacrifice its own benefits for Iran.

So no hard feelings. We have to just move on and hope for BRICS platform that will be possibly launched in the future.
 
Yes its been a long time now. Almost from the year 2009 till now. Iran's assets were frozen.

Its not news at all.

Chinese banks like other banks around the world are dependent on SWIFT and other western payment platforms.

Add that to US role and the US pressure.

Moreover China is not Iran's brother in arms to sacrifice its own benefits for Iran.

So no hard feelings. We have to just move on and hope for BRICS platform that will be possibly launched in the future.
I personally like Iran very much. Iran is an ancient civilization with a long history and remarkable resilience.

The United States is in decline, and I believe Iran's situation will continue to improve.

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