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Iranian Deputy Foreign Minister: Any agreement with the US must include a clause for the release of half of Iran's frozen assets

2026-06-06 10:58

Odaily Planet Daily News: According to Iran's Tasnim News Agency, the Deputy Foreign Minister for Legal and International Affairs of Iran, Kazem Gharibabadi, stated that once any memorandum of understanding is signed with the United States, at least 50% of Iran's frozen financial assets must be immediately unfrozen. Gharibabadi said that Tehran would only regard any draft agreement as final if "its interests and concerns are fully considered." Gharibabadi stated, "Iran insists that at least 50% of these funds must be made available to Iran immediately after signing the memorandum of understanding." He added that the remaining funds should be "unfrozen within a limited period of one to two months after the agreement is signed." Gharibabadi indicated that these assets belong to Iran, were "illegally frozen" by the United States, and their unfreezing is a core requirement of any potential understanding. He mentioned that the remaining details of the mechanism for accessing the funds, including technical and financial arrangements, will be subject to further negotiations within a 60-day implementation period after the memorandum is signed. (Jinshi)

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