UNITED24 - Make a charitable donation in support of Ukraine!

Weapons of Mass Destruction (WMD)

IRNA - Islamic Republic News Agency

New details of talks on unfreezing Iran assets

IRNA - Islamic Republic News Agency

Apr 17, 2022

Tehran, IRNA -- A senior official at the Central Bank of Iran (CBI) has stressed that the Islamic Republic of Iran continues intense negotiations to pave the ground for unfreezing its assets in other countries.

Following recent developments concerning the Iranian assets and a trip made by a regional delegation to Tehran in order to discuss ways to transfer the money to Iran, US Secretary of State Spokesman Ned Price reacted to the developments.

IRNA correspondent interviewed a director for international affairs at the CBI on the same issue.

The official emphasized that the administration of Iranian President Ebrahim Raisi has started talks for unfreezing the assets, which are held illegally in other countries.

As a result of efforts and consultations made by the new administration, around 390 million pounds of Iranian assets, which had been frozen in the UK for more than 40 years, have been unfrozen recently, the official said.

The regional delegation and Iranian officials held talks on finalizing executive phases of a new accord to unfreeze a great amount of Iran's assets in a third country, the director added.

According to the official, the amount of money, which is expected to be unfrozen soon, is several times the sum released by Britain.

Iran's Foreign Ministry officials have said in recent days that an initial agreement to release Tehran's assets has been reached, the official added.

Negotiations with other states to unfreeze Iranian assets are in line with Iran's national interests and international regulations, the CBI official said, adding that freezing Iranian money in other countries is contrary to international laws.

The official also underlined that the eye-catching growth of Iran's forex revenues thanks to return of its money from other countries would help improve economic situation in the Islamic country; so, as the Iranian Foreign Ministry authorities emphasized, Tehran will make all-out efforts to unfreeze the assets.


Join the GlobalSecurity.org mailing list