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بوابة الشروق
Iran to release $25B frozen assets gradually
Iran stated that the negotiation team, led by Mohammad Bagher Ghalibaf, visited Qatar to determine mechanisms for releasing its frozen assets, with a plan to gradually release $25 billion based on a memorandum of understanding with Washington. The liberated assets will be allocated to infrastructure development such as roads and airports, aiming to alleviate economic pressures and foster rapprochement with countries where its assets are frozen—estimated to total over $100 billion—particularly China, Iraq, India, South Korea, and Qatar. This step is part of Iran's efforts to recover its funds frozen as a result of American sanctions imposed after Washington's withdrawal from the nuclear agreement in 2018.
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