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.



N. Korean Soldier Captured in Russia-Ukraine War Dies, Says Seoul

In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (Center-R) and Russian President Vladimir Putin (L) walk past children during a welcoming ceremony at Kim Il Sung Square in Pyongyang on June 19, 2024. (Sputnik/AFP)
In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (Center-R) and Russian President Vladimir Putin (L) walk past children during a welcoming ceremony at Kim Il Sung Square in Pyongyang on June 19, 2024. (Sputnik/AFP)
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N. Korean Soldier Captured in Russia-Ukraine War Dies, Says Seoul

In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (Center-R) and Russian President Vladimir Putin (L) walk past children during a welcoming ceremony at Kim Il Sung Square in Pyongyang on June 19, 2024. (Sputnik/AFP)
In this pool photograph distributed by the Russian state agency Sputnik, North Korea's leader Kim Jong Un (Center-R) and Russian President Vladimir Putin (L) walk past children during a welcoming ceremony at Kim Il Sung Square in Pyongyang on June 19, 2024. (Sputnik/AFP)

A North Korean soldier who was captured while fighting in Russia's war against Ukraine has died of his wounds, South Korea's spy agency said on Friday.

Pyongyang has deployed thousands of troops to reinforce Russia's military, including in the Kursk border region where Ukraine mounted a shock border incursion in August.

One of those North Korean soldiers was captured alive by the Ukrainian army on Thursday, a South Korean intelligence source told AFP, adding that the location where he was seized was not known.

Hours later, Seoul's National Intelligence Service (NIS) said that the soldier had succumbed to his wounds.

"It has been confirmed through an allied intelligence agency that the North Korean soldier captured alive on December 26th has just passed away due to worsening wounds," the South's spy agency said in a statement.

Friday's confirmation came days after Ukrainian President Volodymyr Zelensky said that nearly 3,000 North Korean soldiers had been "killed or wounded" so far as they joined Russian troops in combat.

South Korea's intelligence service had previously put the number of killed or wounded North Koreans at 1,000, saying the high casualty rate could be down to an unfamiliar battlefield environment and their lack of capability to counter drone attacks.

Pyongyang's soldiers were also being "utilized as expendable frontline assault units", lawmaker Lee Seong-kweun said, speaking last week after a briefing by South Korea's spy agency.

- 'Dangerous expansion' -

North Korea and Russia have strengthened their military ties since Moscow's invasion of Ukraine in February 2022.

A landmark defense pact between Pyongyang and Moscow signed in June came into force this month, with Russian President Vladimir Putin hailing it as a "breakthrough document".

North Korean state media said Friday that Putin sent a New Year's message to North Korean leader Kim Jong Un, saying "the bilateral ties between our two countries have been elevated after our talks in June in Pyongyang".

Ukraine's allies have called Pyongyang's growing involvement in Russia's war in Ukraine a "dangerous expansion" of the conflict.

Seoul's military believes that North Korea was seeking to modernize its conventional warfare capabilities through combat experience gained in the Russia-Ukraine war.

NATO chief Mark Rutte had also said that Moscow was providing support to Pyongyang's missile and nuclear programs in exchange for the troops.

South Korea's Joint Chiefs of Staff (JCS) said Monday that Pyongyang is reportedly "preparing for the rotation or additional deployment of soldiers" and supplying "240mm rocket launchers and 170mm self-propelled artillery" to the Russian army.

Pyongyang's involvement in Russia's war against Ukraine had prompted warnings from Seoul.

South Korea's President Yoon Suk Yeol, currently suspended, said in November that Seoul was "not ruling out the possibility of providing weapons" to Ukraine, which would mark a major shift to a long-standing policy barring the sale of weapons to countries in active conflict.