US says may unfreeze only ‘tiny’ part of Iran assets

US Secretary of State John Kerry says Washington may release only “a tiny portion” of Iranian assets frozen in bank accounts across the world in the event of an agreement on Iran’s nuclear energy program.

“All we are talking about doing is a tiny portion of that would be released because you have to do something to make it worthwhile for them to say yes, we are going to lock our [sanctions] program where it is today and actually roll it back,” Kerry said on Thursday.

He noted that “the core sanctions regime does not really get eased.”

“Ninety-five percent or more of the current sanctions will remain in place,” Kerry said, adding that Iran has USD 45 billion is frozen assets.

Kerry’s comments came one day after he briefed the Senate Banking Committee on the recent round of negotiations between Iran and the five permanent members of the UN Security Council – Britain, China, France, Russia and the US – plus Germany, held on November 7-9 in Geneva.

He said he will try to convince the Senate to temporarily halt imposing new sanctions against Iran amid ongoing talks over Tehran’s nuclear energy program.

While the next round of talks between Iran and the Sextet is slated for November 20, the US Senate Banking Committee is considering additional sanctions against Tehran.

Israel, furious at the recent Geneva talks, is spearheading a campaign to block any deal between Iran and the Sextet over Tehran’s nuclear energy program.

By Press TV

 

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