Issues left unsettled amid efforts to unblock Iranian funds
A spokesman of the Central Bank of Iran (CBI) says Iran could access billions of dollars worth of its funds that have remained blocked in foreign banks because of US sanctions if some minor problems related to banking transactions are settled in talks with foreign negotiating partners.
In a tweet posted on Sunday, Mostafa Qamarivafa said that “considerable progress” had been made in talks in recent weeks to unblock Iran’s funds in other countries but he said that some banking issues needed to be settled first.
“Continuous follow-ups are being conducted in collaboration with the foreign ministry to unblock our country’s foreign currency resources,” he said.
The official did not elaborate on the name of the country where the funds have been held.
Reports on Saturday had suggested that South Korea would release more than $7 billion worth of funds that it has deposited into accounts in two of its banks to settle energy debts to Iran.
The reports indicated that the release would be processed based on an understanding between Iran and the United States under which Tehran would release American prisoners in return for Washington’s approval of the banking transactions involving Iranian funds in South Korea.
There has been no official comment from governments involved in the talks which have reportedly been mediated by Qatar.
Iran’s official IRNA news agency said in a video report on Sunday that the CBI had rejected a list of bank accounts introduced by the opposite parties for the transfer of the funds from South Korea.
That could clarify Qamarivafa’s statement about the banking issues that should be settled before the release of the funds finally takes place.
D-8’s role in Iran’s economy after Cairo summit
Iran’s mining, metals exports at $8.8bn in Apr-Nov
Iran’s cenbank says inflation down to lowest in 4 years
Iran: US airstrikes on Yemen war crimes, violation of international law
Yemeni armed forces down F-18 fighter jet, repel US-UK attack: Spokesman
Iran warns against US-Israeli plot to weaken Muslims, dominate region
VIDEO | Public uproar in US against Israeli regime
‘Ghost town’: 70% of Jabalia buildings destroyed by Israel
Mother’s Day: Sareh Javanmardi’s inspiring journey as Paralympic champion and mother
Russia downs over 40 Ukrainian drones as Putin vows 'destruction' on Kiev
VIDEO | Yemen: A bone in Israeli neck
PressTV NEWSLETTER
now
This makes it easy to access the Press TV website
