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The release of 3 billion dollars from Iran's assets in Iraq, Oman and Korea


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The release of 3 billion dollars from Iran's assets in Iraq, Oman and Korea

  • SUNDAY, 07-03-2021, PM 3:27
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  • TAYSEER AL-ASADI
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  • 154
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Iran said it obtained 3 billion dollars from its frozen assets in South Korea, the Sultanate of Oman and Iraq.

A member of the governing body of the Iranian-Iraqi Chamber of Commerce confirmed the release of 3 billion dollars from Iran's assets in South Korea, the Sultanate of Oman and Iraq.

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Yes Iraq: Follow up

 

Hamid Hosseini, a member of the Presidential Board of the Iran-Iraq Chamber of Commerce, announced the release of 3 billion dollars from Iran's assets in Iraq, South Korea and the Sultanate of Oman.

 

Iranian news sites quoted Hosseini as saying, "According to information obtained from Iraqi, Lebanese and Western sources, he published a tweet about America's approval to release Iran's assets in Iraq two days ago."

 

Hosseini added, "According to the information, America agreed to release the balances in the Iraqi Commercial Bank, and some transactions have been completed in this regard." He added, "Although Al-Jazeera reported a news report, according to which an Iraqi source denied the release of Iran's assets, but according to documented information it obtained, America agreed to release 3 billion dollars of Iran's assets in Iraq, South Korea and the Sultanate of Oman.

 

Hosseini stressed that "part of the released funds will be used to provide the basic goods that the country needs, adding that a shipment of corn was imported from Iraq that resulted from the process of releasing the assets."

 

He noted that “the liberation of the assets came with follow-up by the head of the judiciary when he traveled to Iraq, as well as the governor of the Central Bank and the Iranian Minister of Energy,” indicating that “the issue of frozen assets was also discussed during the recent visit of the Iraqi Foreign Minister to Tehran.”

 

The Iranian official stressed that "Iraqi officials, through frequent contacts, were waiting for a green light from Washington, which is what happened in the end."

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