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 Urges Global Support for Two-State Solution Alliance

A group photo from the third Asia Cooperation Dialogue summit in Doha, Qatar (SPA)
A group photo from the third Asia Cooperation Dialogue summit in Doha, Qatar (SPA)
TT

Saudi Arabia Urges Global Support for Two-State Solution Alliance

A group photo from the third Asia Cooperation Dialogue summit in Doha, Qatar (SPA)
A group photo from the third Asia Cooperation Dialogue summit in Doha, Qatar (SPA)

The ongoing Israeli war on Gaza and Lebanon, along with rising regional tensions, took center stage at the third Asia Cooperation Dialogue (ACD) summit in Doha, which began on Thursday.
Saudi Arabia urged countries to back the two-state solution to the Israeli-Palestinian conflict as a key step toward resolving the Middle East crisis.
Speaking on behalf of Crown Prince Mohammed bin Salman, Saudi Foreign Minister Prince Faisal bin Farhan attended the ACD summit and highlighted how continued violence in the region is disrupting international trade and fueling political tensions, which threaten investments and economic cooperation.
“The continuation of aggression and violations in the region hinder the movement of international trade and increase political tensions that threaten the flow of investments and economic cooperation between the countries of the region and the world,” he said.
He called for peaceful and diplomatic solutions to regional conflicts to ensure the region’s prosperity.
“We thank Asia Cooperation Dialogue countries for their support for the two-state solution and their recognition of the State of Palestine, and we urge the rest of the world to follow suit,” Prince Faisal said, reminding that the situation has prompted the Kingdom to work with “brothers and allies in establishing a Global Alliance to Implement the Two-State Solution.”
He stressed that the current unrest in Palestine and Lebanon is a major barrier to economic and commercial development in the region.
Iranian President Masoud Pezeshkian reaffirmed Iran’s continued support for resistance groups.
“The Zionist enemy will be punished, and we will keep supporting the resistance until Palestine is liberated,” said Pezeshkian.
Also speaking at the ACD summit, he emphasized: “Those who violate human rights must know that resistance is strong and cannot be eliminated.”
Pezeshkian reiterated Iran’s backing for Palestinian resistance.
After meeting with a Hamas delegation in Doha, Pezeshkian warned that Israel’s ongoing actions had led Iran’s military to deliver a decisive response.
“Israel couldn’t commit these crimes without backing from the US and Europe. If Israel makes any mistake against Iran, it will face a much stronger retaliation than Tuesday’s attack,” he said.
Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, denounced Israel’s actions in Gaza as “genocide” and warned of the consequences of not holding Israel accountable for its crimes against humanity.
Speaking at the summit, Sheikh Tamim said: “Qatar has long warned about the dangers of not addressing Israel’s crimes.”
He pointed to the escalating violence in Gaza, noting that true security can only be achieved through a just peace, which includes creating an independent Palestinian state within the 1967 borders.
He stressed that Qatar will continue to support the Palestinian people in their fight for their legitimate rights.
“Israel’s relentless attacks on civilians in Gaza and other occupied areas have killed over 41,000 innocent people. What’s happening is genocide, and Gaza is being made uninhabitable to force its residents out,” said Sheikh Tamim.
He also condemned Israeli airstrikes on Lebanon, accusing Israel of using international inaction to expand settlements in the West Bank and prepare for annexation.
“We believe in de-escalating tensions and respecting nations’ sovereignty,” he added, stressing that Israel is taking advantage of global silence to push its agenda in the West Bank and Lebanon.
Palestinian President Mahmoud Abbas also called for urgent international intervention to stop Israeli aggression in Gaza and Lebanon.
He warned that Israel’s attacks have destroyed over 90% of Gaza’s infrastructure.
“Peace cannot coexist with occupation, genocide, and the denial of the Palestinian people’s rights,” Abbas reaffirmed at the ACD summit.