IMF joins the critics of Trump’s decision to withdraw from the Iran nuclear deal

Tabnak – United States President Donald Trump’s decision to withdraw from the nuclear deal with Iran is facing with more and more negative reactions from different parties involved. In the latest development in this regards, IMF chief has criticized Trump’s unilateral move.

In this vein, Managing Director of the International Monetary Fund (IMF) Christine Lagarde urged US President Donald Trump to review his policies regarding imposing sanctions on Iran and Russia.

Lagarde made the remarks Friday addressing St. Petersburg International Economic Forum. According to her, the US has to change its policies regarding Iran and Russia since its aim is not clear.

She also referred to the withdrawal of capital from developing countries because of US difficult monetary policies and creating obstacles by some countries in transferring goods and services as other problems of the global economic system.

Lagarde’s remarks come as the IMF has declared that it will continue cooperation with Governor of Iran's Central Bank (CBI) Valiollah Seif despite the new US sanctions against the Iranian official.

"Iran is a member of the IMF, and as with all our members, the IMF will continue to work with Governor Seif and the Central Bank, consistent with the IMF’s Articles of Agreement," the IMF's Communications Department announced on Friday.

On May 15, the US Treasury Department named Seif and another senior banking official as “specially designated global terrorists” for allegedly assisting the Quds Force of the Islamic Revolution Guards Corps (IRGC).

The sanctions followed US President Donald Trump’s announcement on May 8 of Washington's withdrawal from the 2015 Iran nuclear deal, the Joint Comprehensive Plan of Action (JCPOA).

Following the sanctions against the CBI chief, Iran's Ministry of Economy and Finance condemned the ban as an illegal measure aimed at waging psychological war against the Iranian banking system. The ministry noted that such sanctions cannot harm the Iranian financial system and stressed Tehran's position to continue cooperation with the IMF.

It should be noted that the US Treasury has sanctioned several Iranian and non-Iranian entities since the US withdrawal from the JCPOA.

On Thursday, the US imposed sanctions against nine Iranian and Turkish individuals and companies as well as a number of aircraft providing goods and services to four Iranian airlines.

Washington has also imposed sanctions against six Iranian individuals and three entities for allegedly operating a currency exchange network that transferred millions of US dollars to the Quds Force.

Many countries, including America's European allies, have said that they would not back Trump's new plan.