Iran pursing release of frozen assets, says FM Araqchi

Iranian Foreign Minister Abbas Araqchi said on Tuesday that the ministry is continuously pursuing release of Iranian frozen assets abroad which mostly include oil and gas revenues.

News ID: 5723

Date: 07 January 2025 - 22:30

TABNAK, Jan 07: “Managing economic relations of Iran during sanctions era and foreign pressures needs special moves which we have mastered it,” he said.

Some of the assets have been freed and some others are still blocked.

The US has blocked billions of dollars of the Islamic Republic of Iran’s financial assets in certain countries and restricted Iran’s access to the revenues.

Last August, some of Iran’s assets was released in South Korea and Iranian foreign ministry is making efforts to release the remaining part.