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.



Aviation Experts: Russia's Air Defense Fire Likely Caused Azerbaijan Plane Crash

In this photo taken from a video released by the administration of Mangystau region, a part of Azerbaijan Airlines' Embraer 190 lies on the ground near the airport of Aktau, Kazakhstan, on Thursday, Dec. 26, 2024. (The Administration of Mangystau Region via AP)
In this photo taken from a video released by the administration of Mangystau region, a part of Azerbaijan Airlines' Embraer 190 lies on the ground near the airport of Aktau, Kazakhstan, on Thursday, Dec. 26, 2024. (The Administration of Mangystau Region via AP)
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Aviation Experts: Russia's Air Defense Fire Likely Caused Azerbaijan Plane Crash

In this photo taken from a video released by the administration of Mangystau region, a part of Azerbaijan Airlines' Embraer 190 lies on the ground near the airport of Aktau, Kazakhstan, on Thursday, Dec. 26, 2024. (The Administration of Mangystau Region via AP)
In this photo taken from a video released by the administration of Mangystau region, a part of Azerbaijan Airlines' Embraer 190 lies on the ground near the airport of Aktau, Kazakhstan, on Thursday, Dec. 26, 2024. (The Administration of Mangystau Region via AP)

Aviation experts said Thursday that Russian air defense fire was likely responsible for the Azerbaijani plane crash the day before that killed 38 people and left all 29 survivors injured.
Azerbaijan Airlines' Embraer 190 was en route from Azerbaijan's capital of Baku to the Russian city of Grozny in the North Caucasus on Wednesday when it was diverted for reasons still unclear and crashed while making an attempt to land in Aktau in Kazakhstan after flying east across the Caspian Sea.
The plane went down about 3 kilometers (around 2 miles) from Aktau. Cellphone footage circulating online appeared to show the aircraft making a steep descent before smashing into the ground and exploding in a fireball.
Other footage showed part of its fuselage ripped away from the wings and the rest of the aircraft lying upside down in the grass.
Azerbaijan mourned the crash victims with national flags at half-staff across the country on Thursday. Traffic stopped at noon, and signals sounded from ships and trains as it observed a nationwide moment of silence.
Speaking at a news conference Wednesday, Azerbaijani President Ilham Aliyev said that it was too soon to speculate on the reasons behind the crash, but said that the weather had forced the plane to change from its planned course.
“The information provided to me is that the plane changed its course between Baku and Grozny due to worsening weather conditions and headed to Aktau airport, where it crashed upon landing,” The Associated Press quoted him as saying.
Russia’s civil aviation authority, Rosaviatsia, said that preliminary information indicated that the pilots diverted to Aktau after a bird strike led to an emergency on board.
As the official crash investigation started, some experts alleged that holes seen in the plane’s tail section could indicate that it could have come under fire from Russian air defense systems fending off a Ukrainian drone attack.
Ukrainian drones had previously attacked Grozny, the provincial capital of the Russian republic of Chechnya, and other regions in the country’s North Caucasus. An official in Chechnya said another drone attack on the region was fended off on Wednesday, although federal authorities didn't report it.
Mark Zee of OPSGroup, which monitors the world’s airspace and airports for risks, said that the analysis of the images of fragments of the crashed plane indicate that it was almost certainly hit by a surface-to-air missile, or SAM.
“Much more to investigate, but at high level we'd put the probability of it being a SAM attack on the aircraft at being well into the 90-99% bracket,” he said.
Osprey Flight Solutions, an aviation security firm based in the United Kingdom, warned its clients that the “Azerbaijan Airlines flight was likely shot down by a Russian military air-defense system.” Osprey provides analysis for carriers still flying into Russia after Western airlines halted their flights during the war.
Osprey CEO Andrew Nicholson said that the company had issued more than 200 alerts regarding drone attacks and air defense systems in Russia during the war.
“This incident is a stark reminder of why we do what we do,” Nicholson wrote online. “It is painful to know that despite our efforts, lives were lost in a way that could have been avoided.”
Yan Matveyev, an independent Russian military expert, noted that images of the crashed plane's tail reveal the damage compatible with shrapnel from a small surface-to-air missiles, such as the Pantsyr-S1 air defense system.
“It looks like the tail section of the plane was damaged by some missile fragments,” he said.
Matveyev added that it remains unclear why the pilots decided to fly hundreds of miles east across the Caspian Sea instead of trying to land at a closer airport in Russia after the plane was hit.
“Perhaps some of the plane's systems kept working for some time and the crew believed that they could make it and land normally,” Matveyev said, adding that the crew could also have faced restrictions on landing at another venue in Russia.
Caliber, an Azerbaijani news website with good government connections, also claimed that the airliner was fired upon by a Russian Pantsyr-S air defense system as it was approaching Grozny. It questioned why Russian authorities failed to close the airport despite the apparent drone raid in the area. Khamzat Kadyrov, head of Chechnya's Security Council, said that air defenses downed drones attacking the region on Wednesday.
Caliber also wondered why Russian authorities didn't allow the plane to make an emergency landing in Grozny or other Russian airports nearby after it was hit.
Asked about the claims that the plane had been fired upon by air defense assets, Kremlin spokesman Dmitry Peskov told reporters that “it would be wrong to make hypotheses before investigators make their verdict.”
Kazakhstan’s parliamentary speaker, Maulen Ashimbayev, also warned against rushing to conclusions based on pictures of the plane’s fragments, describing the allegations of air defense fire as unfounded and unethical.
Other officials in Kazakhstan and Azerbaijan have similarly avoided comment on a possible cause of the crash, saying it will be up to investigators to determine it.
According to Kazakh officials, those aboard the plane included 42 Azerbaijani citizens, 16 Russian nationals, six Kazakhs and three Kyrgyzstan nationals. Russia’s Emergencies Ministry on Thursday flew nine Russian survivors to Moscow for treatment.