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, Egypt Stress Need for Immediate Ceasefire in Lebanon, Gaza

Saudi Foreign Minister Prince Faisal bin Farhan bin Abduallah and his Egyptian counterpart Badr Abdelatty meet in Riyadh in August. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abduallah and his Egyptian counterpart Badr Abdelatty meet in Riyadh in August. (SPA)
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Saudi Arabia, Egypt Stress Need for Immediate Ceasefire in Lebanon, Gaza

Saudi Foreign Minister Prince Faisal bin Farhan bin Abduallah and his Egyptian counterpart Badr Abdelatty meet in Riyadh in August. (SPA)
Saudi Foreign Minister Prince Faisal bin Farhan bin Abduallah and his Egyptian counterpart Badr Abdelatty meet in Riyadh in August. (SPA)

Saudi Arabia and Egypt stressed on Friday the need for an “immediate and permanent ceasefire in Lebanon and Gaza.”

Saudi Foreign Minister Prince Faisal bin Farhan bin Abduallah held telephone talks with his Egyptian counterpart Badr Abdelatty to discuss the situation in Lebanon and the Israeli escalation in the region, given the ongoing coordination and cooperation between Riyadh and Cairo.

An Egyptian foreign ministry spokesman said the FMs condemned the Israeli assault on Lebanon that has left hundreds dead and wounded.

He stressed Saudi Arabia and Egypt’s “full solidarity with Lebanon and its brotherly people during this crisis.”

They underlined the importance of offering all forms of humanitarian assistance to the people and enabling the state and all of its institutions to perform their duties and impose its sovereignty throughout the country.

The FMs expressed their categorical rejection of any measures that may impact Lebanon’s sovereignty across its territories.

Moreover, they warned that the prolongation of the escalation may have consequences on the people of the region.

Prince Faisal and Abdelatty called for the full implementation of United Nations Security Council resolution 1701 by all concerned parties.

Furthermore, the FMs called on the international community, especially the Security Council, to assume its responsibilities in reaching an immediate and permanent ceasefire in Lebanon and Gaza.

Saudi Arabia and Egypt will continue to coordinate to address the dangers in the Arab region caused by the Israeli assault against the Lebanese and Palestinian people.