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.”



Russian Drone Attacks Injure 8, Damage Buildings in Ukraine

An interior view shows a room inside a hospital building damaged by a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 29, 2024. Press service of the State Emergency Service of Ukraine in Kyiv city/Handout via REUTERS
An interior view shows a room inside a hospital building damaged by a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 29, 2024. Press service of the State Emergency Service of Ukraine in Kyiv city/Handout via REUTERS
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Russian Drone Attacks Injure 8, Damage Buildings in Ukraine

An interior view shows a room inside a hospital building damaged by a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 29, 2024. Press service of the State Emergency Service of Ukraine in Kyiv city/Handout via REUTERS
An interior view shows a room inside a hospital building damaged by a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine, in this handout picture released November 29, 2024. Press service of the State Emergency Service of Ukraine in Kyiv city/Handout via REUTERS

Russian drone attacks on Ukraine injured at least eight people and damaged residential buildings in the capital Kyiv and in the southern Odesa region overnight, officials said on Friday.
Ukraine's air force said in a statement that, of 132 drones launched against the country overnight, it had downed 88 drones, while 41 were "lost", likely due to electronic warfare, and one returned to the Russian territory, Reuters reported.
Russia has stepped up its nightly drone attacks on Ukrainian cities as it continues to push along the eastern frontline, making some of its largest monthly territorial gains since 2022.
It launched a record-high number of 188 drones against the country on Tuesday before staging a large-scale attack on Ukraine's power grid on Thursday.
The drone attack on the southern region of Odesa damaged 13 residential buildings and injured seven people, the national police said in a statement.
Fragments from downed Russian drones struck buildings in two Kyiv districts and injured one person late on Thursday, officials said.
Emergency services, in a post on the Telegram messaging app, showed pictures of rubble strewn about inside and outside a pediatric clinic in Kyiv's Dniprovskyi district on the east bank of the Dnipro River.
A security guard at the facility was taken to hospital. Adjacent buildings also suffered damage.
Mayor Vitali Klitschko said drone fragments had struck an infrastructure site in the Sviatoshynskyi district on the west bank of the river.
Kyiv regional governor Ruslan Kravchenko reported minor damage to a private residence and another building without any casualties.