Speaking on national television via IRIB, Madanizadeh confirmed that the invitation follows the ratification of the Palermo Convention by Iran’s Expediency Discernment Council—one of four key international frameworks endorsed by the FATF. “After many years, we have received the first invitation from FATF, and the details will be announced soon,” he stated.
The invitation represents the first face-to-face engagement between Iran and the FATF in six years. Hadi Khani, Secretary of the Supreme Council for the Prevention and Combating of Money Laundering and Terrorist Financing, is set to lead Iran’s delegation in the upcoming talks in Madrid. The negotiations aim to normalize Iran’s standing with the FATF, suspend existing countermeasures, and potentially remove the country from the list of high-risk jurisdictions.
Iran originally signed the Palermo Convention in December 2000, with parliamentary approval granted in 2017. Final ratification earlier this year has been viewed as a pivotal step toward restoring Iran’s credibility in global financial governance. Analysts suggest that ratifying the complementary CFT (Combating the Financing of Terrorism) convention could further bolster Iran’s position and facilitate broader economic integration.
Post-War Economic Strategy and Investment DriveMadanizadeh also outlined the government’s broader economic strategy, emphasizing the need to attract small-scale public investments, large domestic investors, and Iranian expatriates. “The government intends to bring about economic transformation by mobilizing capital from neighboring and aligned countries,” he said.
Reflecting on the recent 12-day conflict, the minister praised national unity and resilience, noting that his appointment coincided with the fourth day of the war. “We adopted a wartime posture from the outset, reviewing decisions daily and implementing emergency measures across tax, customs, and insurance sectors,” he said. He added that despite wartime conditions not being covered by existing insurance contracts, support was extended to affected citizens, and reconstruction efforts were promptly initiated.
To revive the post-war economy, the government has approved a series of support packages targeting businesses and producers. These include: Banking facilities and credit lines, Tax and insurance concessions, Removal of customs barriers, Strengthening of energy and transportation infrastructure. These measures are expected to roll out in the coming months to mitigate damage to the production sector and stimulate growth.
Economic Growth and Regional DevelopmentMadanizadeh reported a 3 percent economic growth rate and reaffirmed the government’s commitment to leveraging legal frameworks to eliminate barriers to investment. He also emphasized the strategic importance of Iran’s free zones, identifying the Makran region as a priority for development. Plans are underway to incentivize investment in these areas and expand infrastructure to support long-term growth.
“The government will work with all its might to create a different and dynamic Iran,” he concluded, calling on investors and citizens to engage with confidence in the country’s economic future.