Iranian funds and US farm goods
Iran and the United States have reached an understanding regarding the release of Iranian funds. The governor of the Iranian Central Bank announced that Iran will utilize part of the $12 billion released to purchase essential goods and medicines. Meanwhile, Washington affirms that these funds will be exclusively allocated for buying food and medical products from the United States under a joint monitoring mechanism. It is believed that approximately $50 billion remains unconvertible due to sanctions in countries like China, Iraq, Japan, and South Korea. Although Iran insists that it is not obliged to use the funds under specific conditions, American officials clarify that spending will be subject to approval by Washington and Qatar.
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