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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)
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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.

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Iran’s Parliament Approves Bill to Suspend Cooperation with IAEA

People pass by UN.nuclear watchdog agency headquarters on the day of an emergency meeting of its Board of Governors on the Iran crisis, in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl
People pass by UN.nuclear watchdog agency headquarters on the day of an emergency meeting of its Board of Governors on the Iran crisis, in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl
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Iran’s Parliament Approves Bill to Suspend Cooperation with IAEA

People pass by UN.nuclear watchdog agency headquarters on the day of an emergency meeting of its Board of Governors on the Iran crisis, in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl
People pass by UN.nuclear watchdog agency headquarters on the day of an emergency meeting of its Board of Governors on the Iran crisis, in Vienna, Austria, June 23, 2025. REUTERS/Elisabeth Mandl

Iran's parliament approved a bill on Wednesday to suspend cooperation with the UN nuclear watchdog, state-affiliated news outlet Nournews reported.

The move, which needs the final approval of Iran's Supreme National Security Council to be enforced according to Nournews, follows an air war with Israel in which its longtime enemy said it wanted to prevent Tehran developing a nuclear weapon.

Parliament Speaker Mohammad Baqer Qalibaf was quoted by state media as also saying Iran would accelerate its civilian nuclear program.

Tehran denies seeking nuclear weapons and says a resolution adopted this month by the International Atomic Energy Agency (IAEA) declaring Iran in breach of its non-proliferation obligations paved the way for Israel's attacks.

The parliament speaker was quoted as saying the IAEA had refused even to appear to condemn the attack on Iran's nuclear facilities and "has put its international credibility up for sale."

He said that "for this reason, the Atomic Energy Organization of Iran will suspend its cooperation with the Agency until the security of the nuclear facilities is guaranteed, and move at a faster pace with the country's peaceful nuclear program."

Earlier this week, parliament's national security committee approved the bill's general outline and the committee's spokesperson, Ebrahim Rezaei, said the bill would suspend the installation of surveillance cameras, inspections and filing of reports to the IAEA.

Following the Israeli attacks on its nuclear sites, and US bombing of underground Iranian nuclear facilities at the weekend, the Iranian government also faces calls to limit the country's commitments to the nuclear non-proliferation regime.