Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
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Iran Exerts More Efforts to Release Frozen Assets

Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)
Iranian Vice President Mohammad Mokhber responds to journalists on the sidelines of the government meeting (IRNA)

Iran's assets frozen by US sanctions have been released in some countries, and Tehran is trying to access the rest, announced First Vice President Mohammed Mokhber.

Mokhber told reporters that preparations had been made to secure the release of the blocked assets in other countries without naming them or providing details.

He highlighted the administration's efforts to contain inflation in the country, despite the Ukrainian war and the widespread protests that erupted after the death of Kurdish Mahsa Amini during police custody.

The annual inflation in the last Iranian year, which ended on March 20, dropped from 59 percent in August 2021 to 46 percent, said Mokhber.

- US denies interim agreement

US and Iran denied press reports that they had reached an interim agreement, including releasing the frozen assets in exchange for Iranian nuclear concessions and releasing Iranian-US detainees.

US State Department spokesman Matthew Miller said in a press conference that the reports of an interim deal are "completely false."

Asked about negotiations with Iran, Miller asserted that the US administration always had the "ability" to deliver messages to Iran when it's in Washington's interests to do so.

He reiterated that the administration is committed to ensuring that Iran never obtains a nuclear weapon, recalling that "diplomacy is the best means to accomplish that."

Miller confirmed that Iran could only access its funds held in accounts for Iraq for humanitarian and other non-sanctionable transactions.

"The United States has approved similar transactions on an ongoing basis, consistent with US law and in full coordination with the Government of Iraq."

On Monday, Iranian Foreign Ministry spokesman Nasser Kanaani said during a press conference that his country might conclude an imminent agreement for exchanging prisoners, noting that there is no such thing as negotiations for an interim agreement or new arrangements to replace the nuclear deal.

The reports said Iran's frozen assets in South Korea, Iraq, and the International Monetary Fund are expected to be released.

Last week, Iraq agreed to pay Iran about $2.76 billion in gas and electricity debt after receiving a sanctions waiver from the US.

Iraqi Foreign Ministry spokesperson Ahmed al-Sahhaf said in a brief statement that Foreign Minister Fuad Hussein had made progress "regarding financial dues between Iraq and Iran during his discussion with his American counterpart in Riyadh" when asked about the funds.

Hussein met the US Secretary of State Antony Blinken on the sidelines of the Riyadh Conference last Thursday.

- Banking discussions in Qatar

Meanwhile, the official IRNA news agency reported that the governor of the Central Bank of Iran, Mohammad Reza Farzin, met his Qatari counterpart in Doha.

The Iranian ambassador to Qatar, Hamid Dehghani, tweeted that the policy of strengthening relations with neighboring countries requires developing monetary and banking cooperation.

Qatar News Agency (QNA) stated that Farzin held talks with the Governor of Qatar Central Bank (QCB), Sheikh Bandar bin Mohammed bin Saoud Al-Thani and discussed the bilateral relations between the two countries in the financial and banking fields.

The Central Bank of Iran stated that Farzin's visit to Doha comes within the government's regional diplomacy framework to boost monetary, banking, and economic cooperation.

The governor will talk with banking officials in Qatar to strengthen bilateral and multilateral relations.

Aside from the US sanctions preventing Iran from dealing in dollars and severing its banks' connection to the SWIFT network, Iranian banks face international restrictions.

Paris-based Financial Action Taskforce (FATF) placed Iran on its blacklist after it failed to comply with international anti-terrorism financing norms.



Danish Leader Tells the US ‘You Cannot Annex Another Country’ as She Visits Greenland

Denmark's Prime Minister Mette Frederiksen and Greenland's acting head of government Mute Bourup Egede attend a press conference aboard the Danish Navy inspection vessel Vaedderen, in the waters around Nuuk, Greenland, April 3, 2025. (Reuters)
Denmark's Prime Minister Mette Frederiksen and Greenland's acting head of government Mute Bourup Egede attend a press conference aboard the Danish Navy inspection vessel Vaedderen, in the waters around Nuuk, Greenland, April 3, 2025. (Reuters)
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Danish Leader Tells the US ‘You Cannot Annex Another Country’ as She Visits Greenland

Denmark's Prime Minister Mette Frederiksen and Greenland's acting head of government Mute Bourup Egede attend a press conference aboard the Danish Navy inspection vessel Vaedderen, in the waters around Nuuk, Greenland, April 3, 2025. (Reuters)
Denmark's Prime Minister Mette Frederiksen and Greenland's acting head of government Mute Bourup Egede attend a press conference aboard the Danish Navy inspection vessel Vaedderen, in the waters around Nuuk, Greenland, April 3, 2025. (Reuters)

Denmark's prime minister has told the US during a visit to Greenland that “you cannot annex another country,” even with the argument that international security is at stake.

US Secretary of State Marco Rubio, meanwhile, said on Friday that Washington will respect Greenland's self-determination and Copenhagen “should focus on the fact that the Greenlanders don’t want to be a part of Denmark.”

Danish Prime Minister Mette Frederiksen was wrapping up a three-day visit to the strategically critical Arctic island on Friday as US President Donald Trump seeks control of Greenland. He argues that Greenland, a semiautonomous territory belonging to the Kingdom of Denmark, is critical to US security.

A week ago, Vice President JD Vance visited a remote US military base in Greenland and accused Denmark of underinvesting in the territory.

Frederiksen pushed back against the US criticism as she spoke on Thursday alongside Greenland's incoming and outgoing leaders on board a Danish naval ship. She argued that Denmark, a NATO ally, has been a reliable friend.

Speaking in English, she said that “if we let ourselves be divided as allies, then we do our foes a favor. And I will do everything that I can to prevent that from happening.”

“When you ask our businesses to invest in the US, they do. When you ask us to spend more on our defense, we do; and when you ask of us to strengthen security in the Arctic, we are on the same page,” she said.

“But when you demand to take over a part of the Kingdom of Denmark’s territory, when we are met by pressure and by threats from our closest ally, what are we to believe in about the country that we have admired for so many years?”

“This is about the world order that we have built together across the Atlantic over generations: you cannot annex another country, not even with an argument about international security,” Frederiksen said.

The Danish leader said that, if the US wants to strengthen security in the Arctic, “let us do so together.”

Political parties in Greenland, which has been leaning toward eventual independence from Denmark for years, last week agreed to form a broad-based new coalition government in the face of Trump's designs on the territory. Those have angered many in Greenland and Denmark.

In an interview with Newsmax on Thursday, Vance repeated the accusation that Denmark has “really underinvested in the infrastructure and security of Greenland.”

He said Trump's point is that “this matters to our security, this matters to our missile defense, and we're going to protect America's interests come hell or high water.”

Danish Foreign Minister Lars Løkke Rasmussen, who was attending a meeting in Brussels with his NATO counterparts, wrote on social network X that he had an “honest and direct” meeting Thursday with Rubio.

“I made it crystal clear that claims and statements about annexing Greenland are not only unacceptable and disrespectful,” Løkke Rasmussen wrote. “They amount to a violation of international law.”

Rubio told reporters in Brussels Friday that “no one's annexed anything.” He added that Vance has made clear that “he's going to respect the self-determination of Greenlanders.”

“Denmark should focus on the fact that the Greenlanders don’t want to be a part of Denmark," Rubio said.

“We didn’t give them that idea. They’ve been talking about that for a long time,” he said. "Whenever they make that decision, they’ll make that decision.”

“If they make that decision, then the United States would stand ready, potentially, to step in and say, okay, we can create a partnership with you," Rubio said, adding that "we’re not at that stage.”