Reports say seven billion dollars of Iran's money, frozen due to the US sanctions, will be transferred to the country’s accounts under a new agreement.
The Islamic Republic News Agency (IRNA) reports that based on the agreement reached with certain countries, the necessary framework has been determined and agreed upon for releasing a significant part of the country’s frozen foreign exchange resources.
Under the new agreement, the blocked funds must be transferred to Iranian accounts within a few weeks.
The latest agreed framework is similar to the initiative agreed with Britain, in which 470 million euros was recently sent to Iranian accounts.
The Islamic Republic News Agency said the latest initiative indicates the gradual easing of banking restrictions against Iran in a way not seen even after the announcement of the Joint Comprehensive Plan of Action in 2015.
Billions of dollars of Iranian money remain blocked abroad due to unilateral sanctions imposed by the United States.
The United States military said it has carried out air strikes against targets linked to…
Iranians are celebrating Mother's Day and Women's Day together on Sunday, honoring the invaluable role…
Syria’s new rulers have appointed foreign and defense ministers, the official news agency SANA has…
Qatar has officially reopened its embassy in the Syrian capital Damascus after nearly 13 years.
Iranian nationals Mohammad Abedini and Mehdi Mohammad Sadeghi have been arrested in Milan and Massachusetts…
A tragic bus accident occurred on Saturday in Lorestan province, western Iran, killing seven soldiers…