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.



Royal Saudi Air Force Participates in ‘Sindh Shield 2024’ Exercise in Pakistan

The RSAF is participating with six Tornado aircraft - SPA
The RSAF is participating with six Tornado aircraft - SPA
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Royal Saudi Air Force Participates in ‘Sindh Shield 2024’ Exercise in Pakistan

The RSAF is participating with six Tornado aircraft - SPA
The RSAF is participating with six Tornado aircraft - SPA

The Royal Saudi Air Force (RSAF) will participate in the "Sindh Shield 2024" military exercise in Pakistan. The departing group was bid farewell by RSAF Commander Lieutenant General Turki bin Bandar bin Abdulaziz at King Abdulaziz Air Base in the Eastern Sector.
The RSAF commander inspected the equipment involved in the exercise and received a briefing on the readiness of the air, technical, and support crews. The RSAF is participating with six Tornado aircraft, according to SPA.
The RSAF commander emphasized that the participation aims to strengthen relations and cooperation with Pakistani forces and other participating countries, showcase the capabilities and professionalism of the RSAF, and provide air and support crews with valuable combat experience in irregular and electronic warfare environments.
The Kingdom of Saudi Arabia, represented by its air force, is participating in the "Sindh Shield 2024" exercise alongside the host nation, Pakistan, as well as forces from Egypt and Turkiye.