Iran Seeks Immediate Release of 50% Frozen Assets in US Deal

Iran has stipulated that at least 50% of its frozen financial assets must be released immediately upon the signing of any memorandum of understanding (MoU) with the United States.

Official Statement

Iranian Deputy Foreign Minister for Legal and International Affairs, Kazem Gharibabadi, emphasized that Tehran would only consider any draft agreement final if its “interests and concerns are fully considered.” He stated, “At minimum, the Islamic Republic of Iran insists that 50% of these funds be made available to Iran immediately upon the signing of the memorandum of understanding.”

Additional Conditions

Gharibabadi further specified that the remaining funds should be “unblocked within a limited timeframe of no more than one to two months after the deal is signed.”

Context

This demand comes amid ongoing negotiations between Iran and the United States aimed at resolving longstanding disputes and lifting economic sanctions that have significantly impacted Iran's economy.

Conclusion

Iran's firm stance on the immediate release of frozen assets highlights the country's prioritization of economic relief in any forthcoming agreement with the United States.