Tehran, June 23. (LaPresse) – The United States and Iran have reached an agreement to unlock 12 billion dollars in frozen Iranian funds. This was stated by Iran’s chief negotiator, Mohammad Bagher Ghalibaf, as cited by Al Jazeera. The governor of Iran’s Central Bank Abdolnasser Hemmati, as reported by Al Arabiya, said that Tehran will not be obliged to purchase agricultural products from the United States under the memorandum of understanding, contrary to what had been stated by US Vice President JD Vance. Hemmati explained that the first tranche of 6 billion dollars in funds would be used in accordance with the terms of the 2023 prisoner exchange agreement between Washington and Tehran, which limits spending to basic goods and medicines. The governor added that Iran will buy American agricultural products only if they offer better prices and quality compared to alternatives and specified that the remaining frozen assets, including the second tranche of 6 billion dollars and all other frozen funds, will not be limited to basic commodities and may also be used for the purchase of other non-sanctioned goods.
Iran, media: Tehran–US agreement to unlock 12 billion in frozen funds
Tehran, June 23. (LaPresse) – The United States and Iran have reached an agreement to unlock 12 billion dollars in frozen Iranian funds. This was stated by Iran’s chief negotiator, Mohammad Bagher Ghalibaf, as cited by Al Jazeera. The governor of Iran’s Central Bank Abdolnasser Hemmati, as reported by Al Arabiya, said that Tehran will not be obliged to purchase agricultural products from the United States under the memorandum of understanding, contrary to what had been stated by US Vice President JD Vance. Hemmati explained that the first tranche of 6 billion dollars in funds would be used in accordance with the terms of the 2023 prisoner exchange agreement between Washington and Tehran, which limits spending to basic goods and medicines. The governor added that Iran will buy American agricultural products only if they offer better prices and quality compared to alternatives and specified that the remaining frozen assets, including the second tranche of 6 billion dollars and all other frozen funds, will not be limited to basic commodities and may also be used for the purchase of other non-sanctioned goods.
