Iranian Foreign Minister Hossein Amir-Abdollahian announced today that a preliminary agreement had been reached with a foreign bank on the release of frozen Iranian funds, without specifying in which country.
“An agreement has been reached with a foreign bank to release some of our financial assets. It is a preliminary agreement on when and how these funds will be released,” he told a joint news conference with his Iraqi counterpart, Fuad Hussein. Tehran.
Tens of billions of Iranian funds have been frozen in several countries, most notably China, South Korea and Japan, following the resumption of US sanctions in 2018 by former US President Donald Trump.
According to Hossein Amir-Abdollahian, a foreign delegation went to Tehran yesterday, Tuesday, for talks on the implementation of this agreement.
The delegation, whose nationality was not disclosed, had talks with representatives of the Iranian central bank and financial officials of the Ministry of Foreign Affairs, the head of the Iranian diplomacy added.
Iran’s Tasnim news agency reported that the aim of the talks was to find a solution to the $ 7 billion freeze on Iranian assets, without further details.
In January 2021, Tehran accused Seoul of “holding hostage” seven billion dollars (5.7 billion euros) belonging to Iran, repeatedly calling on the Korean side to release them.
Negotiations have been under way for a year between Tehran and the West in a bid to get the US back to the international agreement on the 2015 Iran program, so that the Islamic Republic can lift sanctions that would allow Iran to have its frozen funds abroad.
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