US releases some $8b of Iran’s blocked assets

Tehran, Nov 24, IRNA – The US has released some eight billion dollars of Iran’s frozen assets Sunday morning, former head of Iran’s Chamber of Commerce Alinaqi Khamoushi announced Sunday.
Speaking to IRNA, he said the nuclear agreement reached between Iran and the Group 5+1 in Geneva this morning, is an opening up of Iran’s economic relations with the world countries.

“The agreement will open a new path towards Iran,” Khamoushi added.

Resolving Iran’s nuclear dispute with the West would “gradually help promote Iran’s trade relations with the European states and even with the US.” He hoped that the process would continue in the future.

“If the confidence-building measures properly progress by both sides, then it would also help promote Iran’s ties with the US,” he added.

After intensive negotiations, the P5+1 and Iran reached a first-step agreement on Iranˈs nuclear program, announced EU foreign policy chief Catherine Ashton early Sunday morning.



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