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.”



Iran Guards Chief Says Netanyahu ICC Warrant 'Political Death' of Israel

Revolutionary Guards chief General Hossein Salami - File/AFP
Revolutionary Guards chief General Hossein Salami - File/AFP
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Iran Guards Chief Says Netanyahu ICC Warrant 'Political Death' of Israel

Revolutionary Guards chief General Hossein Salami - File/AFP
Revolutionary Guards chief General Hossein Salami - File/AFP

The head of Iran’s Revolutionary Guards on Friday described the arrest warrant issued by the International Criminal Court for Israeli Prime Minister Benjamin Netanyahu and a former defense minister as the “end and political death” of Israel, in a speech.
“This means the end and political death of the Zionist regime, a regime that today lives in absolute political isolation in the world and its officials can no longer travel to other countries,” Revolutionary Guards chief General Hossein Salami said in the speech aired on state TV.
In the first official reaction by Iran, Salami called the ICC warrant “a welcome move” and a “great victory for the Palestinian and Lebanese resistance movements,” both supported by the Islamic republic, AFP reported.
The court also issued a warrant for the arrest of Hamas’s military chief Mohammed Deif.
The warrants against Netanyahu and Gallant were issued in response to accusations of crimes against humanity and war crimes during Israel’s war against Hamas in the Gaza Strip, sparked by the Palestinian militant group’s attack on Israel on October 7, 2023.
The ICC’s move theoretically limits the movement of Netanyahu, as any of the court’s 124 national members would be obliged to arrest him on their territory.
The court’s chief prosecutor Karim Khan urged the body’s members to act on the warrants, and for non-members to work together in “upholding international law.”