Iran’s deputy foreign minister Kazem Gharibabadi says Tehran will use some of its frozen assets held in Qatar to purchase goods needed by Iran, following talks in Doha with Qatari officials including the central bank. He made the remarks in comments reported by Iran’s IRNA state news agency. Gharibabadi says the discussions reviewed issues related to spending part of an initial $6 billion connected to the arrangement. The comments refer to a memorandum of understanding that is linked to implementing commitments made by Washington under an agreement that halted war between the United States and Iran. Under that memorandum, the United States agreed to make Iran’s frozen or restricted assets available as part of implementation. While Tehran’s plan for using the funds to buy goods is described, the reporting does not specify how the release mechanism will work in practice or when it will take effect. The exact timeline, administrative steps, and oversight details remain unclear based on the information provided.
Iran says part of frozen funds in Qatar will be used to buy needed goods
Iran’s deputy foreign minister Kazem Gharibabadi says Tehran will use some of its frozen assets held in Qatar to purchase goods needed by Iran, following talks in Doha with Qatari officials including...
- Kazem Gharibabadi says Iran will use part of frozen assets held in Qatar to buy needed goods.
- The statement follows meetings in Doha with Qatari officials, including the Qatari central bank.
- Iran says talks reviewed issues related to spending part of an initial $6 billion.
- The arrangement is linked to a memorandum of understanding tied to a US-Iran agreement to halt war.
- A mechanism for releasing and using the funds, and the timing for implementation, are not specified.
Iranian deputy foreign minister says frozen funds to be used for needed goods Iranian Deputy Foreign Minister Kazem Gharibabadi says Tehran will use part of its frozen assets in Qatar to purchase goods needed by the country following talks in Doha. Under the memorandum of understanding that halted the war between Iran and the US, Washington agreed to make Iran's frozen or restricted assets available as part of the agreement's implementation. It remains unclear how the mechanism for releasing and using the funds will work, or when it will take effect. "During the meetings with Qatari officials, including the Central Bank, a number of issues related to the expenditure of part of the initial six billion dollars were reviewed," Gharibabadi said, according to the IRNA state news agency. "It was agreed that, based on the needs communicated by our country, the required goods would be purchased and made available to Iran," he added.
2 hours agoIranian deputy foreign minister says frozen funds to be used for needed goods Iranian Deputy Foreign Minister Kazem Gharibabadi says Tehran will use part of its frozen assets in Qatar to purchase goods needed by the country following talks in Doha. Under the memorandum of understanding that halted the war between Iran and the US, Washington agreed to make Iran's frozen or restricted assets available as part of the agreement's implementation. It remains unclear how the mechanism for releasing and using the funds will work, or when it will take effect. "During the meetings with Qatari officials, including the Central Bank, a number of issues related to the expenditure of part of the initial six billion dollars were reviewed," Gharibabadi said, according to the IRNA state news agency. "It was agreed that, based on the needs communicated by our country, the required goods would be purchased and made available to Iran," he added.
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