Arab Today, arab today iran gets first instalment of frozen assets
Last Updated : GMT 20:37:28
Arab Today, arab today
Arab Today, arab today

Iran gets first instalment of frozen assets

Arab Today, arab today

Arab Today, arab today Iran gets first instalment of frozen assets

Tehran - AFP

Iran has received the first instalment of $4.2 billion in frozen assets as part of a nuclear deal with world powers, Deputy Foreign Minister Abbas Araqchi told ISNA news agency Saturday. Unblocking the funds under the landmark deal in which Iran agreed to roll back parts of its nuclear programme and halt further advances is expected to breathe new life into its crippled economy. "The first tranche of $500 million was deposited in a Swiss bank account, and everything was done in accordance with the agreement," Araqchi said. Iran clinched the interim deal in November with the P5+1 group -- Britain, China, France, Russia, the United States and Germany -- and began implementing the agreement on January 20. Under the agreement, which is to last six months, Iran committed to limit its uranium enrichment to five percent, halting production of 20 percent-enriched uranium. In return, the European Union and the United States have eased crippling economic sanctions on Iran. A senior US administration official told AFP last month that the first $550-million (400-million-euro) instalment of $4.2 billion in frozen assets would be released from February. "The instalment schedule starts on February 1 and the payments are evenly distributed" across 180 days, the US official said. Iran and the P5+1 will also hold a new round of talks in Vienna on February 18 in a bid to discuss a comprehensive solution to Tehran's contested nuclear programme. Major world powers and Israel fear that Iran is trying to develop an atomic bomb, but Tehran insists its nuclear programme is peaceful. Also on Saturday, the official IRNA news agency quoted the head of the civil aviation authority, Alireza Jahanguirian, as saying that Iran will soon receive spare parts for its ailing civilian fleet. Jahanguirian said the parts would arrive within two weeks as part of the sanctions relief agreed in Geneva in November. But the November deal foresees an easing on sanctions imposed on several sectors, including Iran's car industry and petrochemical exports, as well as allowing civil aviation access to long-denied spares.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today iran gets first instalment of frozen assets Arab Today, arab today iran gets first instalment of frozen assets

 



Arab Today, arab today
Arab Today, arab today Reveals his participation in "Fashion Star" TV show

GMT 12:49 2017 Wednesday ,01 March

Reveals his participation in "Fashion Star" TV show
Arab Today, arab today Tabarka beauty between sea, mountain

GMT 06:37 2017 Wednesday ,01 March

Tabarka beauty between sea, mountain
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Russia, China veto UN resolution

GMT 07:27 2017 Wednesday ,01 March

Russia, China veto UN resolution
Arab Today, arab today NUMP's conference to discuss proplems

GMT 13:40 2017 Wednesday ,01 March

NUMP's conference to discuss proplems
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Lasers flesh out dino-bird profile

GMT 12:24 2017 Wednesday ,01 March

Lasers flesh out dino-bird profile
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Najla Badr will participate in “30 Days” drama

GMT 06:23 2017 Monday ,27 February

Najla Badr will participate in “30 Days” drama
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:54 2017 Wednesday ,01 March

Shanghai expands public smoking ban

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:27 2017 Wednesday ,01 March

GSMA: 5 billion mobile phone users in 2017

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday