US Agrees to Release Frozen Iranian Assets in Iraq

Iraq's Foreign Minister Fuad Hussein and Ali Shamkhani, secretary of Iran's Supreme National Security Council during a meeting in Tehran.
Iraq's Foreign Minister Fuad Hussein and Ali Shamkhani, secretary of Iran's Supreme National Security Council during a meeting in Tehran.
TT

US Agrees to Release Frozen Iranian Assets in Iraq

Iraq's Foreign Minister Fuad Hussein and Ali Shamkhani, secretary of Iran's Supreme National Security Council during a meeting in Tehran.
Iraq's Foreign Minister Fuad Hussein and Ali Shamkhani, secretary of Iran's Supreme National Security Council during a meeting in Tehran.

Secretary-General of the Iran-Iraq Joint Chamber of Commerce Hamid Hosseini revealed on Friday that the US has agreed to release frozen Iranian assets in Iraq.

"After the recent visit of the Iraqi Foreign Minister to Iran, the issue of releasing Iranian resources came to an end and Iraqi officials announced that some of these resources were released through various banks."

In remarks on Twitter, he cited Iraqi sources to confirm that Washington had agreed to release Iranian resources at the Trade Bank of Iraq.

"Several transactions have taken place," according to Hosseini.

Earlier, Iraqi Foreign Minister Fuad Hussein informed secretary of Iran's Supreme National Security Council Ali Shamkhan that efforts were being exerted to repay debts to Iran "soon."

Last month, Iran also held talks to release its frozen assets in South Korea and Japan.

South Korea and Iran have agreed a way forward that could see billions of dollars of frozen oil money unblocked, amounting to $7 billion. However, Seoul said it was seeking Washington's green light.



Türkiye Ousts 3 Elected Pro-Kurdish Mayors from Office and Replaces Them with State Officials

People walk in downtown Diyarbakir, southeastern Türkiye, November 1, 2024. (Reuters)
People walk in downtown Diyarbakir, southeastern Türkiye, November 1, 2024. (Reuters)
TT

Türkiye Ousts 3 Elected Pro-Kurdish Mayors from Office and Replaces Them with State Officials

People walk in downtown Diyarbakir, southeastern Türkiye, November 1, 2024. (Reuters)
People walk in downtown Diyarbakir, southeastern Türkiye, November 1, 2024. (Reuters)

Türkiye on Monday removed three elected pro-Kurdish mayors from office over terrorism-related charges and replaced them with state-appointed officials, the Interior Ministry said.

The move, which comes days after the arrest and ouster from office of a mayor from the country's main opposition party for his alleged links to a banned Kurdish armed group, is seen as a hardening of President Recep Tayyip Erdogan’s government’s policies toward the opposition.

It also raises questions about the prospects of a tentative new peace effort to end a 40-year conflict between the group and the state that has led to tens of thousands of deaths.

The mayors of the mainly Kurdish-populated provincial capitals of Mardin and Batman, as well as the district mayor for Halfeti, in Sanliurfa province, were ousted from office over their past convictions or ongoing trials and investigations for links to the banned Kurdistan Workers’ Party, or PKK, according to an Interior Ministry statement.

The mayors are members of the pro-Kurdish Peoples’ Equality and Democracy Party, or DEM, which is the third-largest party represented in Parliament. They were elected to office in local elections in March.

Last month, the leader of the far-right nationalist party that’s allied with Erdogan had raised the possibility that the PKK's imprisoned leader could be granted parole if he renounces violence and disbands his organization. His comments had sparked discussion and speculation about a potential peace effort.

Ozgur Ozel, the leader of Türkiye’s main opposition party, CHP, branded the mayors' removal from office as a “a coup” and accused Erdogan of seizing “municipalities” he could not win in the elections.

Politicians and members of Türkiye’s pro-Kurdish movement have frequently been targeted over alleged links to the PKK, which is considered a terror organization by Türkiye, the US and the European Union.

Legislators have been stripped of their parliamentary seats and mayors removed from office. Several lawmakers as well as thousands of party members have been jailed on terror-related charges since 2016.

“We will not step back from our struggle for democracy, peace and freedom,” Ahmet Turk, the ousted mayor of Mardin, wrote on the social platform X. “We will not allow the usurpation of the people’s will.”