Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
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Iran Says its Released Assets Abroad Will Be Used for Domestic Output 

06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)
06 August 2023, Iran, Tehran: Iranian President Ebrahim Raisi speaks with Sri Lankan Foreign Minister Ali Sabry (not pictured) during their meeting. (Iranian Presidency Office/dpa)

Iran's released assets abroad will be used to enhance domestic production, President Ebrahim Raisi was quoted as saying on Wednesday by the semi-official ISNA news agency.

Last week, Iran and Washington reached an agreement whereby five US citizens detained in Iran would be released while $6 billion of Iranian assets in South Korea would be unfrozen and sent to an account in Qatar that Iran could access.

US officials have said Iranian funds will be put in a restricted account and used for humanitarian purposes such as buying food or medicine.

As a first step in what may be a complex set of maneuvers, Iran allowed four detained US citizens to move into house arrest from Tehran's Evin prison, a lawyer for one said. A fifth was already under home confinement.

The United States would release some Iranians from US prisons as part of the deal, Iran's mission to the United Nations said.



North Korean Leader Vows Support for Russia in its War on Ukraine

A photo released by the official North Korean Central News Agency (KCNA) shows North Korean leader Kim Jong Un (L) greeting Russian Foreign Minister Sergei Lavrov during a meeting in Wonsan, North Korea, 12 July 2025 (Issued 13 July 2025). EPA/KCNA
A photo released by the official North Korean Central News Agency (KCNA) shows North Korean leader Kim Jong Un (L) greeting Russian Foreign Minister Sergei Lavrov during a meeting in Wonsan, North Korea, 12 July 2025 (Issued 13 July 2025). EPA/KCNA
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North Korean Leader Vows Support for Russia in its War on Ukraine

A photo released by the official North Korean Central News Agency (KCNA) shows North Korean leader Kim Jong Un (L) greeting Russian Foreign Minister Sergei Lavrov during a meeting in Wonsan, North Korea, 12 July 2025 (Issued 13 July 2025). EPA/KCNA
A photo released by the official North Korean Central News Agency (KCNA) shows North Korean leader Kim Jong Un (L) greeting Russian Foreign Minister Sergei Lavrov during a meeting in Wonsan, North Korea, 12 July 2025 (Issued 13 July 2025). EPA/KCNA

North Korean leader Kim Jong Un has told Russia's top diplomat his country was ready to “unconditionally support” all actions taken by Moscow to resolve the conflict in Ukraine, state media has reported, as the two countries held high-level strategic talks.

Russian Foreign Minister Sergei Lavrov is on a three-day visit to North Korea, which has provided troops and arms for Russia's war with Ukraine and pledged more military support as Moscow tries to make advances in the conflict, Reuters reported on Saturday.

Kim met Lavrov in the eastern coastal city of Wonsan where the two countries' foreign ministers held their second strategic dialogue, pledging further cooperation under a partnership treaty signed last year that includes a mutual defense pact.

Kim told Lavrov the steps taken by the allies in response to radically evolving global geopolitics will contribute greatly to securing peace and security around the world, North Korea's state news agency KCNA reported.

“Kim Jong Un reaffirmed the DPRK (Democratic People's Republic of Korea) is ready to unconditionally support and encourage all the measures taken by the Russian leadership as regards the tackling of the root cause of the Ukrainian crisis,” KCNA said.

Earlier, Russia's foreign ministry said Lavrov met North Korean leader Kim Jong Un in the coastal city of Wonsan on Saturday, where he described the two nations' relations as “an invincible fighting brotherhood.”

The ministry quoted Lavrov as saying that the visit represented the continuation of “strategic dialogue” between the two sides inaugurated by Russian President Vladimir Putin's visit to North Korea last year.

In a message passed on by Lavrov, Putin said that he hoped for more direct contacts in future, TASS news agency reported.

Lavrov, the ministry said, also thanked North Korea for the troops it had sent to Russia.

Relations between the two countries deepened during the conflict in Ukraine.

Thousands of North Korean troops were deployed during the months-long campaign to oust Ukrainian forces from Russia's Kursk region, while Pyongyang has also supplied Russia with munitions.

Lavrov also met with his North Korean counterpart, Choe Son Hui, TASS reported.