Iran Steps Closer to Recover $7 Billion of Frozen Assets

 Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
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Iran Steps Closer to Recover $7 Billion of Frozen Assets

 Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)
Iran’s foreign ministry spokesman Saeed Khatibzadeh speaks to media during a press conference in Tehran on November 15, 2021. (AFP)

Iran’s Foreign Ministry spokesman Saeed Khatibzadeh said on Monday that part of the Iranian assets frozen under US sanctions “will be released soon,” without giving further details.

The official IRNA news agency quoted Khatibzadeh as saying that the necessary framework for removing the blockade of a “significant part” of Iran's frozen assets has been determined.

His statements came about an hour after his weekly press conference, where he denied being well-informed about the release of the frozen assets or the imminent visit of a regional official.

IRNA had reported that a high-ranking regional official “will travel to Tehran on Tuesday to finalize the mechanism for launching $7 billion.”

“According to the agreement reached with countries that have contracts with Iran, the framework was set for lifting the seizure of a significant part of the country’s frozen assets,” IRNA said, noting that the agreement provides for the transfer of Iranian assets to the country’s bank accounts within weeks.

The agency noted that the framework “is similar to that agreed upon with Britain,” in reference to the British-Iranian deal under which debts were paid to Iran in exchange for the release of Britons of Iranian origin.

In turn, Tasnim agency, which is affiliated with the Iranian Revolutionary Guards, reported that the Iranian assets “are likely to be transferred to the (branch) account of the Central Bank of Iran in Amman, while a senior regional official is arriving to finalize the mechanism for releasing the $7 billion.”

However, Khatibzadeh expressed on Monday Iranian doubts about the “determination” of the United States to reach an understanding to revive the 2015 nuclear agreement, speaking of continuing differences after a year of negotiations between Tehran and the six great powers.

“We really don’t know if we’ll get a deal or not, because the United States hasn’t shown the necessary will to reach an agreement,” Khatibzadeh said, as quoted by AFP.

“All components of maximum pressure must be removed,” he added. “Unfortunately, the United States is trying to maintain some of the elements of maximum pressure.”



Australians Celebrate and Protest Anniversary of British Colonization

26 January 2025, Australia, Sydney: Protesters march towards Victoria Park during an Invasion Day rally. Photo: Steven Markham/AAP/dpa
26 January 2025, Australia, Sydney: Protesters march towards Victoria Park during an Invasion Day rally. Photo: Steven Markham/AAP/dpa
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Australians Celebrate and Protest Anniversary of British Colonization

26 January 2025, Australia, Sydney: Protesters march towards Victoria Park during an Invasion Day rally. Photo: Steven Markham/AAP/dpa
26 January 2025, Australia, Sydney: Protesters march towards Victoria Park during an Invasion Day rally. Photo: Steven Markham/AAP/dpa

Australians celebrated and protested across the country on Sunday as Australia Day drew attention to political differences over Indigenous rights months out from a federal election.
Australia Day marks a British colony being established at Sydney Cove on Jan. 26, 1788, which eventually led to Britain claiming the entire country without a treaty with its Indigenous inhabitants.
Indigenous rights advocates call Jan. 26 “Invasion Day” and protest rallies have been held in major cities, The Associated Press reported. Many argue that Australia’s national day should not commemorate such a divisive event.
Australia Day is usually a public holiday and because it fell on a Sunday this year, Monday has been declared a holiday.
Acknowledging the hurt that Australia Day causes many Indigenous Australians, the most disadvantaged ethnic group that accounts for 4% of the population, many businesses refer to the ”January long weekend” rather than the “Australia Day long weekend.”
Australia Day has in recent decades been the date on which immigrants became Australian citizens in public ceremonies. But several local government councils have chosen to hold citizenship ceremonies on different dates due to the controversy.
Prime Minister Anthony Albanese’s center-left Labor Party government has attempted to accommodate differing views of Australia Day since it won elections in 2022.
The government in 2023 decided to allow public servants to work on Australia Day and take another day off instead, reversing a previous conservative government order that they must not work on Jan. 26 when it falls on a week day.
Opposition leader Peter Dutton has said that all councils will be required to hold citizenship ceremonies on Jan. 26 if his party wins elections due by May 17.
“If the prime minister doesn’t have the strength of leadership to stand up to mayors and others who don’t want to celebrate Australia Day, then our country’s in more trouble than we first realized,” Dutton said two weeks ago.
Dutton has accused Albanese of “equivocating” on his support for Australia Day to appease the minor Greens party.
The Greens party opposes celebrations on Jan. 26. Many observers, including Dutton, expect Labor will lose its parliamentary majority at the next election and may need the support of Greens lawmakers to form a minority government.
Albanese has accused Dutton of being divisive by declining an invitation to attend Australia Day events in the national capital Canberra.
Instead, Dutton attended a citizenship ceremony in his hometown of Brisbane.
“The national Australia Day event should be attended by both sides of the Parliament. They should be bipartisan,” Albanese told reporters on Sunday.
“Why wouldn’t you participate in national events if you want to be a national leader?” Albanese asked.
Australian National University historian Frank Bongiorno said both leaders were using Australia Day for their own political advantage.
"These figures will insist that they want it to be a day of unity, but they’ll invariably behave in ways that promote disunity around the day. That’s really how culture wars work,” Bongiorno said.
Dutton has accused Albanese of dividing Australia along racial lines by holding a referendum in 2023 on Indigenous rights.
Australians voted against a proposal that would have enshrined in the constitution an Indigenous body known as the Voice to address Parliament on Indigenous issues.
Dutton has also accused Albanese’s government of focusing on Indigenous rights instead of a cost of living crisis facing many Australians due to inflation and high interest rates.