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OfficialDiplomacy & politicsBackgroundTehran, Iran

Iran says at least half its frozen funds must be released as soon as a memorandum is signed

Mountain Time
Local time
2:05 AM in Tehran, Jun 6
Where
Tehran, Iran

Deputy Foreign Minister Kazem Gharibabadi told the Mehr news agency that Iran insisted, at minimum, on 50 percent of its frozen funds being made available immediately upon signing a memorandum of understanding with the U.S., with the money released no more than one to two months after the deal.

Why it matters

Trump said two days later that a deal would not immediately unfreeze Iranian assets, leaving the funds one of the main gaps in the talks.

Sources (2)

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