International Desk: The draft of a proposed memorandum of understanding (MOU) with the United States includes the release of $12 billion in frozen Iranian assets, state media reported.
A report on Saturday cited an “unofficial” draft, AFP reported from Tehran. However, the White House dismissed a similar report aired on state television this week as “fabrication.”
US President Donald Trump on Friday gave detailed talks on a possible deal to end the ongoing war between the United States and Iran. However, Iranian sources denied some key elements of the deal he described.
“The United States has promised to give Iran full access to $12 billion in assets within 60 days,” the state television report said. As a result, these funds can be transferred and spent without any restrictions in banks of Iran’s choice.
On the other hand, Trump insisted on Friday, “There will be no financial transactions until further notice.”
However, a report published in Iranian media, citing informed sources, quickly denied this claim.
Earlier this week, a source told AFP that the head of Iran’s central bank was part of a delegation visiting Qatar. The issue of the frozen funds was discussed there. The issue is included in the memorandum of understanding as part of the final agreement.
The report on state television on Saturday also said that Tehran will continue to manage the Strait of Hormuz. Iran has blocked the strait since the start of the war, which has caused instability in global markets.
On the other hand, Trump said on Friday that Iran would open the strait to “free navigation.”
The United States has repeatedly said that it would not be acceptable for Iran to remain in control of this vital waterway for energy transport.
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