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.”



Peace Inches Forward in Türkiye as Parliament Eyes Cautious PKK Integration

Turkish President Recep Tayyip Erdogan (Turkish Presidency)
Turkish President Recep Tayyip Erdogan (Turkish Presidency)
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Peace Inches Forward in Türkiye as Parliament Eyes Cautious PKK Integration

Turkish President Recep Tayyip Erdogan (Turkish Presidency)
Turkish President Recep Tayyip Erdogan (Turkish Presidency)

Turkish President Recep Tayyip Erdogan on Saturday hailed a symbolic disarmament move by Kurdish militants as the beginning of a new chapter in the country’s decades-long fight against terrorism, but warned the process would not involve political bargaining.

Speaking at a ruling AK Party consultative meeting in Kızılcahamam, near Ankara, Erdogan said the gesture by a faction of the outlawed Kurdistan Workers’ Party (PKK) to lay down and burn its weapons marked “the dawn of a strong and great Türkiye.”

“With the end of a 47-year-old plague of terrorism now in sight, we are opening the doors to a new era,” Erdogan said. “The process ahead will uphold Türkiye’s dignity and respect the sensitivities of its people. No one will be allowed to compromise the honor of this nation.”

The symbolic surrender ceremony took place Friday near Sulaymaniyah in northern Iraq, a region long known to harbor PKK fighters.

While Erdogan stopped short of detailing next steps, Turkish sources told Asharq Al-Awsat that gradual legislative moves are expected in parliament starting this week. These may include reduced sentences or pardons for PKK members as part of the wider reconciliation effort.

The PKK, designated a terrorist group by Türkiye, the United States and the European Union, has waged an insurgency since 1984 that has killed tens of thousands. Previous attempts at peace talks collapsed in 2015, triggering years of renewed violence.

Erdogan, who has increasingly adopted nationalist rhetoric, stressed that any future measures would be carefully calibrated. “This is not an open-ended negotiation. It is a national process conducted with resolve and clarity,” he said.

Erdogan on Saturday ruled out any political negotiations behind a symbolic disarmament move by Kurdish militants, insisting Türkiye’s ongoing campaign to eliminate terrorism is not the result of concessions or backroom deals.

“I want to make it absolutely clear that the ‘Terror-Free Türkiye initiative we are pursuing is not born of negotiations, bartering, or give-and-take,” Erdogan said in his speech to the ruling AK Party’s consultative gathering in Kızılcahamam.

“Let everyone rest assured: we will never allow the honor of the Republic of Türkiye to be violated. Türkiye will not bow down — and we will move forward with this understanding.”

His remarks came a day after a faction of the PKK held a public ceremony near Sulaymaniyah in northern Iraq, where fighters laid down and burned their weapons in what supporters described as a symbolic gesture rather than full surrender.

Pro-PKK figures said the act was meant to preserve the “dignity of the armed struggle,” and called on Turkish authorities to permit Kurdish political participation and release jailed PKK leader Abdullah Öcalan, who has been imprisoned since 1999.

Erdogan on Saturday also outlined the next phase in the country’s push to end nearly five decades of Kurdish militancy, saying a parliamentary committee would be formed to examine the legal framework for disarming the PKK.

“We hope the Turkish parliament will support the process with a constructive and facilitative approach,” Erdogan said during a speech to members of his ruling AK Party in Kızılcahamam.

“With the end of terrorism, the Republic of Türkiye will emerge stronger and more self-confident than ever before,” Erdogan said. “We will redirect our energy toward development and prosperity, rather than the fight against terrorism.”

The president vowed to expedite the process while honoring national sensitivities. “We will closely monitor the disarmament step by step. As the terrorist group lays down its arms, Türkiye will grow in fraternity, deepen its democracy, and move into the future with greater stability and security,” he said.