Iran says 50% of frozen assets must be unfrozen immediately under any U.S. memorandum

Iran set out terms for the release of its frozen financial assets in any initial understanding with the United States. Iranian Deputy Foreign Minister for Legal and International Affairs Kazem Gharibabadi said at least 50% of the assets must be unfrozen immediately once a memorandum of understanding is signed, while the rest should be released within one to two months. He added that technical and financial arrangements would be negotiated during a 60-day implementation period, outlining a phased approach that links an upfront asset release to follow-on operational talks.

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