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18 April 2014 - 18:33

Central Bank of Iran received the fifth tranche of the countryˈs assets frozen by western countries, Deputy Foreign Minister for Legal and International Affairs, Abbas Araqchi said on Friday.

some dlrs 450 million of Iranian frozen assets have already been received by the Central Bank, he noted.

 

The senior Iranian nuclear negotiator underlined that till now, five installments have been paid back to Iran based on Geneva deal.

 

Under the nuclear deal reached in Geneva late November last year, Iran was urged to freeze and scale back part of its nuclear program for a six-month period in exchange for a western sanction relief, including a gradual release of Iranˈs oil assets up to 4.2 billion dollars.

 

Under the agreement, the funds are scheduled to be paid in eight installments which started with a 550-million-dollar payment by Japan on Feb. 1.


 

News ID 186526