Tehran, Jun 23 (V7N)- Iranian Parliament Speaker Baqer Ghalibaf has announced that an agreement has been reached with the United States to release approximately $12 billion in previously frozen Iranian assets, according to a report published by Al Jazeera.
Ghalibaf confirmed on Monday (June 22) that the seized funds will be disbursed in two installments as part of the understanding reached during recent talks held in Switzerland. However, he noted that core sanctions targeting Iran’s oil sector will remain in place until a final comprehensive agreement is concluded.
As a result, Iran will continue to require special waivers to conduct oil exports and financial transactions. According to officials, such exemptions have already been confirmed as part of the interim arrangement.
The discussions reportedly covered a wide range of issues, including the Strait of Hormuz, the situation in Lebanon, sanctions relief related to Iranian oil sales, and the release of frozen financial assets.
Officials also indicated that regional security arrangements were part of the talks, including maintaining ceasefire understandings on multiple fronts and establishing coordination mechanisms to manage potential disputes. Proposals for easing maritime tensions and improving coordination in the Strait of Hormuz were also discussed.
Meanwhile, following the negotiations, the United States Department of the Treasury announced a temporary 60-day easing of certain sanctions, allowing limited Iranian crude oil and petrochemical exports under a general license framework.
While both sides have described the talks as constructive, officials emphasized that significant issues remain unresolved before a final agreement can be reached.
END/SMA/AJ
