WANA (Jun 22) – The Governor of the Central Bank of Iran announced progress in the latest round of negotiations held in Switzerland, stating that advances had been made regarding the release of Iran’s frozen assets and the facilitation of Iranian oil and petrochemical exports. He emphasized that the outcomes of the talks aligned with the objectives set by the Iranian delegation.

 

Abdolnaser Hemmati, commenting on the recent negotiations between Iranian and U.S. delegations held with the participation of Qatari and Pakistani mediators, said that discussions within the framework of a 14-point agreement involved considerable complexity due to the scope and nature of the issues under review. He noted that this round of talks was also intensive and challenging.

 

Despite the difficulties, Hemmati stated that the negotiations ultimately progressed in accordance with the goals defined by the Iranian delegation and that the results achieved were consistent with previously established plans.

 

Addressing the issue of the Central Bank of Iran’s frozen assets, Hemmati described the matter as one of the most complicated topics on the negotiation agenda. He said significant progress had been made and that, in line with the Doha agreement, the necessary memorandums were signed during this round of discussions.

 

He further explained that, based on the understandings reached, the gradual utilization of Iran’s frozen assets is expected to begin in the coming days under specified conditions and in accordance with the Central Bank of Iran’s directives and procedures.

 

Hemmati also outlined the results of the negotiations regarding Iranian oil and petrochemical exports, stating that under Article 11 of the agreement between Iran and the United States, the required waiver would be issued and implemented through the Office of Foreign Assets Control (OFAC).

 

He stressed that Iran’s oil exports are already ongoing, adding that the implementation of this mechanism would allow Iranian oil and petrochemical exports to continue without the additional costs imposed by sanctions-related restrictions.