Iran Wants 50% of Frozen Assets Released Upon Signing Deal

Kazem Gharibabadi, the Deputy Minister of Foreign Affairs of the Islamic Republic and a member of the negotiating team, announced that during negotiations with the United States, the Islamic Republic is emphasizing the immediate release of a portion of its frozen assets.

In an interview with Mehr News Agency, he stated that Iran “insists that 50 percent of its frozen assets must be released immediately after the signing of the memorandum of understanding,” and that the remaining portion must be placed at Tehran’s disposal “within a maximum time frame of one to two months.”

According to the Iranian official, the issue of releasing frozen assets is one of the main pillars of the negotiations, and the method and timing of accessing these financial resources remain under review and negotiation between the two sides.

Conversely, the United States has announced that no money will be placed at Iran’s disposal during the initial phase of any potential understanding. Gharibabadi also stated that the negotiations have made “significant progress” in certain textual sections, and that topics such as the lifting of sanctions and the nuclear file will be reviewed in subsequent stages of the talks.