According to ME News, on May 26 (UTC+8), Iran is negotiating with the United States under a proposed 14-point memorandum of understanding to unfreeze $24 billion of its frozen assets. Iran insists that half of the funds must be immediately accessible upon announcement of the agreement, with the remaining portion transferred within 60 days. According to the source, Iranian Parliament Speaker Kalibaf’s visit to Qatar aimed to reach consensus on how Iran would receive the first $12 billion and remove obstacles to fund transfers, while avoiding issues encountered in previous agreements involving Iran’s funds in South Korea and Qatar. The source told Tasnim News that the talks in Doha were “generally positive” and advanced broader negotiations with the U.S., but also noted that Iran still views the United States as an “untrustworthy party.” (Jin10) (Source: ODaily)
Iran Demands Immediate Access to Half of $24 Billion in Frozen Funds Upon Agreement
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Summary
Iran has announced a project during its ongoing negotiations with the U.S. over a 14-point memorandum to unfreeze $24 billion in assets. Officials are demanding immediate access to half the funds upon agreement, with the remainder to be released within 60 days. Talks continue despite Iran labeling the U.S. as an untrustworthy party. A partnership announcement may follow if terms are finalized.
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