Zamir Kabulov, the director of the second Asian department of the Russian Foreign Ministry.

Moscow considers the new US sanctions against the National Bank of Iran illegitimate and intends to continue cooperation with Tehran, including the banking sector.

Iran Press/Europe: Zamir Kabulov, the director of the second Asian department of the Russian Foreign Ministry, on Friday told RIA Novosti that Russia has dismissed "illegitimate" sanctions imposed by the United States on the Central Bank of Iran (CBI), vowing to continue its cooperation with the Islamic Republic in the banking sector. 

He also said that "We consider unilateral sanctions to be illegitimate. This will not affect our approaches to Iran, and we will continue to cooperate with Iran in the banking sector. This will not affect our relations with Iran in any way". 

US President Donald Trump said on Friday that the US had imposed additional sanctions against the National Bank of Iran. According to him, these are the highest sanctions ever imposed on this country. In turn, Finance Minister Stephen Mnuchin said the bank was the “last source of funds” for the Iranian authorities.

The Central Bank of Iran is the largest commercial financial institution in the country with assets that were estimated at about $ 80 billion in 2016 and with 3,000 branches throughout Iran. 101/211/216

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