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Zarif: The JCPOA Does Not Include American Banks

Jun 16, 2026 June 16, 2026 3 min read 📰 Radio Farda
📋 Key Takeaway

Iran's Foreign Minister Mohammad Javad Zarif stated that the JCPOA does not include access to American banks, emphasizing the need for the U.S. to not interfere with non-American banks' cooperation with Iran. This follows comments from the Central Bank Governor about the lack of fulfillment of commitments by global powers under the nuclear agreement. The situation highlights ongoing tensions regarding Iran's economic integration and U.S. sanctions.

🔍 Quick Context Guide
💡 Bottom Line: Iran's access to the U.S. financial system remains a contentious issue impacting the JCPOA.

👥 Key Players

Mohammad Javad Zarif (محمدجواد ظریف) QUOTED
Foreign Minister of Iran
"The JCPOA did not and does not include American banks."
Valiollah Seif (ولی الله سیف) QUOTED
Governor of the Central Bank of Iran
"Iran must be allowed to use the U.S. financial system."
Ali Khamenei (علی خامنه‌ای) QUOTED
Supreme Leader of Iran
"The Americans of 'betrayal' in the JCPOA during his New Year speech."
Josh Earnest QUOTED
White House spokesman
"The nuclear agreement or JCPOA did not include Tehran's access to the U.S. financial system."
Federica Mogherini QUOTED
EU foreign policy chief
"Zarif made this statement during a joint interview with Federica Mogherini."

⚡ Actions

Mohammad Javad Zarif ANNOUNCE U.S. financial system
"The JCPOA did not and does not include American banks."
Confidence: 90%
Valiollah Seif NEGOTIATE U.S. Treasury Secretary
"The Governor of the Central Bank of Iran had serious negotiations in Washington."
Confidence: 90%
Ali Khamenei PROTEST U.S.
"The Americans of 'betrayal' in the JCPOA during his New Year speech."
Confidence: 90%

📰 What Happened

Zarif states JCPOA does not grant Iran access to U.S. banks amid ongoing financial negotiations.

  • Mohammad Javad Zarif announce U.S. financial system
  • Valiollah Seif negotiate U.S. Treasury Secretary
  • Ali Khamenei protest U.S.

💡 Why It Matters

🇮🇷 For Iran: Because Iran seeks to reintegrate into the global economy and access financial systems.
🌍 Regional: Because it affects regional stability and Iran's economic relations with Europe.
🌐 International: Because it highlights tensions between Iran and the U.S. regarding the JCPOA.

📚 Background

Iran's access to the U.S. financial system remains a contentious issue impacting the JCPOA.

📝 Key Evidence

"Iran must be allowed to use the U.S. financial system."
→ Iran's claim for access to international financial systems.
"The goal of the JCPOA is to provide the Islamic Republic of Iran with access to the international financial system."
→ Iran's objectives under the JCPOA.
📡 Source: STATE MEDIA
📊 Confidence: 80%
Radio Farda is known for its critical stance on the Iranian government.

One day after the Governor of the Central Bank of Iran emphasized that "Iran must be allowed to use the U.S. financial system," Iran's Foreign Minister stated that the JCPOA does not include Iran's access to American banks. Mohammad Javad Zarif, Iran's Foreign Minister, said on Saturday, April 17, "As everyone knew from the beginning, the JCPOA did not and does not include American banks; rather, the issue is about the U.S. not interfering with other banks' cooperation with Iran." According to the IRIB news agency, he made this statement during a joint interview with Federica Mogherini, the EU's foreign policy chief, who was visiting Tehran, adding that "we certainly warned the United States and will exert pressure, and the European Union will do the same to ensure that the U.S. government facilitates the cooperation of non-American banks with the Islamic Republic of Iran." One day before Zarif's remarks, Valiollah Seif, the Governor of the Central Bank of the Islamic Republic of Iran, stated that global powers have yet to fulfill their "commitments" under the nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA). He added that Iran "is still not connected to the global economy" and emphasized that "Iran must be allowed to use the U.S. financial system." On the same day, in response to Seif's comments, Josh Earnest, the White House spokesman, stated that the nuclear agreement or JCPOA did not include Tehran's access to the U.S. financial system, and Washington does not consider such a move to be under review. Valiollah Seif traveled to the U.S. on Wednesday to participate in the IMF's spring meeting and met with the U.S. Treasury Secretary. Mohammad Javad Zarif, referring to Seif's trip, said, "The Governor of the Central Bank of Iran had serious negotiations in Washington with the U.S. Treasury Secretary and our expert delegation with the OPEC expert delegation or the office related to sanctions oversight to ensure that the United States fully fulfills its commitments under the JCPOA." Zarif stated, "The goal of the JCPOA is to provide the Islamic Republic of Iran with access to the international financial system." The Iranian Foreign Minister emphasized, "The United States is committed to not preventing non-American banks - European banks - from having relations with the Islamic Republic of Iran." He concluded, "We and the European Union will pursue this program, and God willing, we will see more tangible results." Ali Khamenei, the leader of the Islamic Republic, also accused the Americans of "betrayal" in the JCPOA during his New Year speech in Mashhad, stating that "banking transactions are still problematic." In this context, it has not been committed that Iran will gain access to the U.S. financial system under the JCPOA. The unresolved issue of dollar transactions will "damage the JCPOA." Seif: The U.S. and Europe have not fulfilled their commitments under the nuclear agreement. The meeting between the Governor of the Central Bank of Iran and the U.S. Treasury Secretary. The changing battlefield of "proxy wars"; the war against the people in the streets of Iran. The first paragraph; the responsibility of the opposition and the possibility of radicalizing Iranian society. The death of the last Mossad representative in Tehran amid the Iran crisis.

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Translated from the original and edited for English readers. View original source →

Translation confidence: 85%

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