Iran’s senior negotiator told Mehr News that according to the Geneva deal, which was clinched on 24 November 2013 between Iran and the 5+1 group, Iran’s frozen funds have been released in several stages.
Sayed Abbas Araghchi said that $ 4.2 billion of Iran’s frozen funds was released in five installments.
Araghchi added that India would transfer the 6th and 7th installments through international banks.
Abbas Araghchi had already said that $ 4.2 billion of Iranian frozen assets would be released in eight stages.
$ 2.55 billion of Iran’s blocked assets has been released and transferred to Iranian Central Bank so far. India will clear its debt to Iran paying the 6th and 7th installments of Iran’s frozen funds.
Iran and the world power sealed a deal on Tehran nuclear program, November 24, 2013, according to which the world powers undertook to provide Iran with some sanctions relief and release of its frozen assets in exchange for Iran agreeing to limit certain aspects of its nuclear activities.
ZK/SH
MNA
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