BAKU, Azerbaijan, June 6. It is expected that approximately $24 billion of Iran's frozen assets abroad will soon be unblocked, Trend reports.
According to the report, $7 billion of Iran's assets are frozen in South Korea.
Also, more than $10 billion of Iranian assets are frozen in Iraq. These funds are mostly related to Iran's electricity and gas exports to Iraq.
At the same time, it was decided that the Central Bank of Iran can receive more than $6.7 billion from the reserve asset (SDR) in the IMF in the meeting of the Director General of the Central Bank of Iran, Mohammad Reza Farzi, with the head of the International Monetary Fund (IMF), Kristalina Georgieva.
Recently, Sultan of Oman Haitham bin Tariq visited Iran and held talks with Iranian officials.
On the other hand, the US is taking various steps in this direction. Brett McGurk, US President Joe Biden's senior Middle East adviser secretly visited Oman and discussed with Omani officials the possibility of an agreement with Iran on the nuclear program.
In particular, the South Korean media has announced that there are discussions between South Korea and the US on the unblocking of $7 billion of Iran's frozen assets in this country.
On May 8, 2018, the US announced its withdrawal from the Joint Comprehensive Plan of Action (JCPOA) between Iran and the 5+1 group (Russia, China, the UK, France, the US, and Germany), and imposed new sanctions against Iran as of November 2018.
Over the past period, the sanctions affected Iranian oil exports, more than 700 banks, companies, and individuals. The sanctions have resulted in the freezing of Iranian assets abroad.
---
Follow the author on Twitter:@BaghishovElnur
