Qatari Minister: Iran-US Deal Encompasses Establishment of Banking Channel

Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
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Qatari Minister: Iran-US Deal Encompasses Establishment of Banking Channel

Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)
Qatari Foreign Minister Mohammed Al Khulaifi meets his Iranian counterpart in Tehran. (Iranian Foreign Ministry)

Qatari Foreign Minister Mohammed Al Khulaifi stated on Friday that the ongoing negotiations between the US and Iran regarding a prisoner exchange and the release of frozen Iranian funds include the establishment of a banking channel.

According to Al Khulaifi, the banking channel would address several agreed-upon matters among the parties, without specifying the nature of these issues.

As part of the anticipated agreement, Tehran has relocated five of the detained US nationals from a specialized section within the Revolutionary Guards’ prison in Evin to a hotel under house arrest.

This marks the initial step in the agreement. Iranian officials have stipulated that the transfer of frozen Iranian assets in South Korea to foreign bank accounts is a prerequisite for the release of the detainees.

In press statements, Al Khulaifi clarified that the agreement was preceded by intensive visits by Qatari officials to both Washington and Tehran.

He emphasized that Doha has played a “central and fundamental role” in facilitating negotiations and dialogue between the two parties.

Furthermore, Al Khulaifi expressed optimism that this move would be followed by further steps towards reconciliation, affirming that his country will spare no effort in making additional endeavors to bridge the perspectives between the parties.

The Qatari official stated his hope that the Washington-Tehran agreement would lead to broader understandings, including a return to the "nuclear deal."

Al Khulaifi delivered a written message to Tehran, presenting it to both Iranian Foreign Minister Hossein Amir-Abdollahian and Secretary-General of the Supreme National Security Council Ali Ahmadian on July 23.

He engaged in discussions with Iran’s Deputy Foreign Minister and Chief Nuclear Negotiator Ali Baqeri Kani.

Qatar hosted the most recent round of talks between Kani and the European Coordinator for Nuclear Negotiations, Enrique Mora, on June 21.



Saudi Arabia Implemented $7.1-Billion-Worth Projects to Support Children

KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
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Saudi Arabia Implemented $7.1-Billion-Worth Projects to Support Children

KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA
KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. SPA

Saudi Arabia actively marks World Children's Day, observed on November 20 every year, through a range of projects and initiatives carried out by the King Salman Humanitarian Aid and Relief Center (KSrelief), which is dedicated to supporting children and promoting their well-being worldwide.

Since its establishment, KSrelief has implemented 3,117 projects across 105 countries, totaling over $7.1 billion. Among these, 965 projects were valued at over $924 million, specifically focusing on enhancing the living conditions of children and their families, alleviating their suffering and ensuring access to education in safe and healthy environments.

One significant project by the center is the rehabilitation and reintegration of children recruited and affected by the armed conflict in Yemen, which aims to support child soldiers in their journey back to society.

The project has positively impacted 530 children and 60,560 family members. It entails facilitating the children's integration into their communities, enrolling them in schools, and offering vital psychological and social support through targeted training courses, helping them to lead normal, fulfilling lives.
KSrelief is a key supporter of the United Nations Children's Fund (UNICEF), significantly contributing to the delivery of health services and nutrition programs for newborns and their mothers. The center also plays a crucial role in supporting educational initiatives and ensuring the continuity of education in crisis and disaster-affected areas.