Iran Task Force to Follow Up on Frozen Assets: Araqchi

A working group in Iran is preparing a suit to look into the United States’ seizure of Iranian assets, a top Foreign Ministry official said on Sunday May 24.

Iranian Deputy Foreign Minister for Legal and International Affairs Abbas Araqchi made the announcement while speaking at an event at Kharazmi University in Tehran. “The government has formed a special working group in this regard,” he said, adding, an investigation was being conducted.

Iranian lawyers are pondering “how to deal with the seizure of $2bn of Iranian assets,” Araqchi said.

He further commented on the US purchase of heavy water from Iran. “The US has applied for 32 tons of Iran’s heavy water. We are also in negotiations with Russia for the same amount,” said the high-ranking official, noting the deal with the US had been clinched.

He also said that Iran “Still continues heavy water production” and is in talks to sell “around 40 more tons” of the highly sought-after product.

Last month, the US government completed an $8.6-million deal to buy 32 metric tons of heavy water from Iran. On Wednesday, 251 American Congressmen voted for a bill that would prohibit such purchases next year. The measure is yet to be approved by the US Senate.

Fatemeh Askarieh

Fatemeh Askarieh is an Iranian journalist working on a range of fields including culture, art, lifestyle, cultural heritage, and tourism. She has been working with the Iran Front Page (IFP) Media Group for 10 years, and is currently the head of the Art and Lifestyle Department.

Recent Posts

One child gets killed every hour in Gaza: UN

The United Nations agency for Palestine refugees (UNRWA) has announced that 14,500 Palestinian children have…

1 hour ago

Several killed in blast at explosives factory in Turkey

At least 12 people were killed and three others wounded after a blast rocked an…

2 hours ago

Zelensky claims over 3k North Korean soldiers killed, wounded in Russia

The number of killed and injured North Korean soldiers fighting alongside Russian forces in Kursk…

2 hours ago

Iran Judiciary: No complains lodged against ex-FM Zarif over dual citizenship

The spokesperson for Iran’s Judiciary clarified that no complaints have been filed against former Foreign…

2 hours ago

Iran to unveil first AI-equipped oil well

The Iranian Vice President for Science, Technology and Knowledge-Based Economy has announced the inauguration of…

5 hours ago

Syrian rights group compiles list of over 16k Assad gov’t affiliates accused of crimes against civilians

A Syrian rights group has announced that it has compiled a list of around 16,200…

5 hours ago