Wednesday 17 October 2012

Why to Transfer Money to Iran is Complicated




It is since the year of 2005, Iran in the modern era has performed certain activities that led to disturbance of its terms with the United States of America. Iran labels it as the Iranian Revolution. It is not on good talking terms with Israel; the only nation Iran does not recognize among the members of the United Nations.

Iran’s Nuclear Program in 2005 became the source of dissatisfaction for the western countries. Due to maximum number of countries the United Nations Security Council is also not in favor of Iran.

The bone of contention lies in the doubt that Iran could misuse the nuclear technology for the fulfillment of some dangerous objectives. The objectives of harming the countries located in the west. Iran may use the nuclear power arranged for civil welfare to develop the weapons for attack.

This is the reason why the United Nations Security Council has imposed sanctions against the companies associated with the nuclear deal. This incident has spoiled Iran’s image in the international scenario after having poor relations with Israel.

It is assumed that if somebody wants to transfer money to Iran, any of the party could be related to the organization which is illegal and unethical and the money transfer may help them against many innocent people.

Thus in order to avoid any such possibility the council has made the money transfer To Iran that complicated.

When I came to know these facts I felt that neither any kind of partiality is taking place nor the western world is trying to establish its dominance.

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