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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on July 3, 2025

    Featured image for article about Headlines

    DUBAI (Reuters) -Iran remains committed to the nuclear Non-Proliferation Treaty and its safeguards agreement, Foreign Minister Abbas Araqchi said on Thursday, a day after Tehran enacted a law suspending cooperation with the U.N. nuclear watchdog.

    "Our cooperation with the IAEA (International Atomic Energy Agency) will be channeled through Iran's Supreme National Security Council for obvious safety and security reasons," Araqchi wrote in a post on X.

    President Masoud Pezeshkian on Wednesday enacted the legislation passed by parliament last week to suspend cooperation with the IAEA, a move the U.S. called "unacceptable."

    Araqchi's comment on X was in response to a call from Germany's Foreign Ministry urging Tehran to reverse its decision to shelve cooperation with the IAEA.

    Araqchi accused Germany of "explicit support for Israel's unlawful attack on Iran, including safeguarded nuclear sites".

    Iran has accused the IAEA of siding with Western countries and providing a justification for Israel's June 13-24 airstrikes on Iranian nuclear installations, which began a day after the U.N. agency's board of governors voted to declare Tehran in violation of its obligations under the NPT.

    Western powers have long suspected that Iran has sought to develop the means to build atomic bombs through its declared civilian atomic energy programme. Iran has repeatedly said it is enriching uranium only for peaceful nuclear ends.

    IAEA inspectors are mandated to ensure compliance with the NPT by seeking to verify that nuclear programmes in treaty countries are not diverted for military purposes.

    The law that went into effect on Wednesday mandates that any future inspection of Iranian nuclear sites by the IAEA needs approval by Tehran's Supreme National Security Council.

    "We are aware of these reports. The IAEA is awaiting further official information from Iran," the Vienna-based global nuclear watchdog said in a statement.

    U.S. State Department spokesperson Tammy Bruce told a regular briefing on Wednesday that Iran needed to cooperate fully with the IAEA without further delay.

    (Reporting by Elwely Elwelly; editing by Timothy Heritage and Mark Heinrich)

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