The Necessity of Joining FATF for Iran’s Economy

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The Necessity of Joining FATF for Iran's Economy

The necessity of Iran joining FATF for its economy

The necessity of Iran joining FATF for its economy

Iran’s economy has faced major challenges in recent years, rooted in international sanctions and domestic political decisions.

These challenges have not only had a direct impact on the country’s economic growth but have also led to social instability and increased public dissatisfaction. In this regard, assessing the necessity of lifting sanctions and negotiating with the United States during Donald Trump’s presidency is an important and vital issue.

The effects of sanctions on Iran’s economy, especially economic sanctions in areas such as oil sales, banking, and trade, have put significant pressure on Iran’s economy.

The reduction in oil revenues and the blocking of financial transactions have effectively halted many economic projects and foreign investments. This situation has not only led to increased unemployment rates and decreased purchasing power of the people but has also caused a recession in domestic production.

Opportunities for negotiation in the current conditions can be considered as an effective solution for improving the economic situation by negotiating with the United States, especially with former President Trump.

During his presidency, Trump sought a new agreement with Iran that could lead to reducing tensions and Iran’s return to the international community.

Negotiating with Trump can be important for several reasons. Through negotiations, a mutual acceptance can be reached, leading to a reduction in political tensions and security in the region. Reviving trade relations by lifting sanctions can facilitate foreign investments and Iranian exports to international markets.

Maintaining economic security and improving the economic situation can have a positive impact on national and social security, reducing public dissatisfaction and existing challenges. However, negotiating with Trump and the United States is not without challenges. Lack of trust between the two parties, as well as internal and external pressures, can hinder constructive dialogues. Yet, history has shown that diplomacy can be successful if both sides are willing to accept realities and reach agreements.

It is essential for Iran to join the FATF alongside lifting sanctions. Iran’s accession to the Financial Action Task Force (FATF) is also necessary. This accession can help improve the economic situation and attract foreign investments.

By complying with FATF standards, Iran will be able to enhance financial transparency, prevent money laundering, and combat terrorism financing, thereby not only gaining global credibility but also potentially expanding economic relations with other countries.

Ultimately, the Iranian economy needs a fundamental shift in political and economic approaches. Lifting sanctions and negotiating with the United States, especially in the current circumstances, could create new opportunities for revitalizing the economy and improving people’s livelihoods.

This requires strong determination and intelligent decision-making from the country’s officials.

I hope this article contributes to the ongoing discussions in this regard and sheds light on Iran’s economic needs. Given the severe pressures on the Iranian economy, negotiations with America and efforts to lift sanctions are not just a choice but a necessity.

This action can lead to strengthening economic infrastructure, creating employment, and improving the quality of life. Today, more than ever, we need courageous and intelligent decisions. Decisions that will not only benefit the country’s economy but also the future generations. As an economic activist, I hope that the country’s policymakers, by understanding the importance of this issue, take a positive step towards lifting sanctions and constructive interaction with the world.

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