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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.
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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.

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Russia Launches Soyuz Rocket with Dozens of Satellites, Including Two from Iran

A Soyuz-2.1b rocket booster with a Fregat upper stage, carrying Russian the Meteor-M spacecraft and 18 Russian and foreign additional small satellites, blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, Russia, February 29, 2024. Roscosmos/Handout via REUTERS/File Photo
A Soyuz-2.1b rocket booster with a Fregat upper stage, carrying Russian the Meteor-M spacecraft and 18 Russian and foreign additional small satellites, blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, Russia, February 29, 2024. Roscosmos/Handout via REUTERS/File Photo
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Russia Launches Soyuz Rocket with Dozens of Satellites, Including Two from Iran

A Soyuz-2.1b rocket booster with a Fregat upper stage, carrying Russian the Meteor-M spacecraft and 18 Russian and foreign additional small satellites, blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, Russia, February 29, 2024. Roscosmos/Handout via REUTERS/File Photo
A Soyuz-2.1b rocket booster with a Fregat upper stage, carrying Russian the Meteor-M spacecraft and 18 Russian and foreign additional small satellites, blasts off from a launchpad at the Vostochny Cosmodrome in the far eastern Amur region, Russia, February 29, 2024. Roscosmos/Handout via REUTERS/File Photo

Russia launched a Soyuz rocket early on Tuesday carrying two satellites designed to monitor the space weather around Earth and 53 small satellites, including two Iranian ones, Russia's Roscosmos space agency said.
The Soyuz-2.1 launch spacecraft, which lifted off from Russia's Vostochny Cosmodrome, carried two Ionosfera-M satellites, which will become part of the space system for monitoring the Earth's ionosphere, the agency said.
The ionosphere, where Earth's atmosphere meets space, stretches roughly 50 to 400 miles (80 to 644 km) above Earth's surface, according to information provided on NASA's website.
Each Ionosfera-M satellite weighs 430 kg (948 lb) and its working orbit is at an altitude of 820 km (510 miles), according to Interfax news agency.
The system will include in total four of the Ionosfera-M satellites. The next two devices are planned to be launched in 2025, Roscosmos reported.
Among the 53 small satellites are two Iranian satellites, the Kowsar, a high-resolution imaging satellite, and Hodhod, a small communications satellite, as well as the first Russian-Chinese student satellite Druzhba ATURK, Reuters reported.
Russia in February launched into space an Iranian research satellite that will scan Iran's topography from orbit, Iran's state media reported at the time.