Indonesian Political, Business & Finance News

Iran: $6 billion in frozen assets held in Qatar to be released

| Source: ANTARA_ID Translated from Indonesian | Politics
Iran: $6 billion in frozen assets held in Qatar to be released
Image: ANTARA_ID

Tehran (ANTARA) - Iranian President Masoud PeSHEKian revealed on Monday (29/6) that Iranian assets worth $6 billion (1 USD = IDR 17,962) that are frozen and currently held in Qatar will be unfrozen and returned to the country, according to Iran’s official news agency, IRNA.

Pezeshkian made the statement during a meeting with a senior cleric in Qom Province, central Iran, while outlining the achievements of the recently signed Memorandum of Understanding (MoU) for peace between Iran and the United States (US).

Pezeshkian noted that the total amount of his country’s frozen assets in Qatar reaches $12 billion. He emphasised that the necessary follow-up measures are being taken to return the remaining funds to Iran.

Describing the MoU as a “great victory” for the Iranian people, Pezeshkian stated that sanctions on Iranian petrochemical and oil exports have been lifted as part of the agreement framework.

Pezeshkian also claimed that the US eventually pressured Israel to accept the peace MoU, although Israel and several other groups still oppose the implementation of the agreement.

He reaffirmed Iran’s stance regarding its nuclear activities, stating that the country has no intention of developing nuclear weapons and that its nuclear activities will remain in accordance with national needs and within the framework of announced policies.

On 18 June, Iran and the US signed an MoU regarding the cessation of war on all fronts in the region, including Lebanon. Under the MoU, both parties have agreed to hold negotiations within 60 days to reach a final agreement.

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