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 Says Head of Iran's Paramilitary Revolutionary Guard Killed by Israeli Attack, Khamenei Vows Revenge

Iran Says Head of Iran's Paramilitary Revolutionary Guard Killed by Israeli Attack, Khamenei Vows Revenge
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Iran Says Head of Iran's Paramilitary Revolutionary Guard Killed by Israeli Attack, Khamenei Vows Revenge

Iran Says Head of Iran's Paramilitary Revolutionary Guard Killed by Israeli Attack, Khamenei Vows Revenge

Iran state TV said early on Friday that Israel has killed Iran's Revolutionary Guards Commander Hossein Salami in Israeli strikes.

It also reported the death of nuclear scientists Fereydoun Abbasi-Davani and Mohammad Mehdi Tehranchi.

For his part, Iran’s Supreme Leader Ali Khamenei said Friday that Israel will face a “severe punishment” over its attack on the country.
Khamenei issued a statement carried by the state-run IRNA news agency. It confirmed that top military officials and scientists had been killed in the attack.

Israel “opened its wicked and blood-stained hand to a crime in our beloved country, revealing its malicious nature more than ever by striking residential centers,” Khamenei said.

Also, Iranian armed forces spokesperson Brigadier General Abolfazl Shekarchi told state TV that Israel carried out attacks against Iran with US support, affirming that both Israel and the United States will pay a "heavy price." 

Israeli Prime Minister Benjamin Netanyahu said Israel's attack on Iran would "continue for as many days as it takes" after Israel announced it had carried out strikes on Iranian nuclear and military sites.

"This operation will continue for as many days as it takes to remove this threat," Netanyahu said in a video statement, naming the operation "Rising Lion".

"We struck at the heart of Iran's nuclear enrichment program. We targeted Iran's main enrichment facility at Natanz... We also struck at the heart of Iran's ballistic missile programme," he said, adding that Israel had also hit Iranian nuclear scientists "working on the Iranian bomb".