EU foreign policy chief, Josep Borrell

Following the US refusal to agree with Iran’s request for a loan from the IMF, EU foreign policy chief chided US for blocking Iran loan.

Iran PressEurope: The EU's foreign policy chief, Josep Borrell, on Wednesday criticized the U.S. for blocking an Iranian request for receiving $5 billion from the International Monetary Fund.

"I regret that the United States is opposing the International Monetary Fund to take this decision," he said during a virtual press conference at the end of a video meeting of EU foreign affairs ministers.

He added: "From the humanitarian point of view, this decision, this request should have been accepted."

Last month, the Central Bank of Iran (CBI) asked the IMF for $5 billion emergency funding to fight the Coronavirus pandemic.

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"If the decision is taken of refusing this request from Iran I really, deeply regret [it] for humanitarian reasons," said Borrell adding: "We support the idea that in these times sanctions cannot affect the humanitarian trade, the humanitarian supplies."

The former Spanish foreign minister added: "We supported first to soften the sanctions and second the request of Iran to the International Monetary Fund for getting financial help." 207

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