Araqchi: $1.5b worth of Iranˈs blocked assets to be releases by early Feb

Tehran, Jan 15, IRNA – Senior Iranian nuclear negotiator Abbas Araqchi said that dlrs 1.5 billion worth of Iranian frozen assets will be released by early February 2014.

Araqchi who is Deputy Foreign Minister for Legal and International Affairs told IRNA that according to the Geneva deal, signatories to the agreement are to maintain their present situation, meaning that sanctions are not to get worse and Iran is not to install any new centrifuges.

He reiterated that this does not mean a halt in the countryˈs enrichment programs because the existing centrifuges are to continue their work and only no new ones will be installed.

He said the western partners of the deal too are not to extend sanctions just the way a bill by the US Senate was blocked and even the US president warned the Congress against vetoing any sanction programs because he knew that any new sanctions would mean annulling the deal.

In return for keeping its nuclear program at its current level, Iran will witness removal of sanctions on oil, petrochemicals, auto industry, gold and metal trades as well as parts of the aviation sector, Araqchi said.

A total amount of dlrs 4.2 billion of Iranˈs frozen assets will ultimately be released, he added.

Commenting on Iranˈs ties with the International Atomic Energy Agency (IAEA), he said Tehran has no problem with the inspections the nuclear watchdog carries out but it is concerned over the possibility of any misuses of the outcomes of the inspections.

Saying that the final stage of the talks with the 5+1 will eventually resolve the crisis, he said the last round of negotiations is to start in one month or 45 days.

Saying that the final stage of the talks is not to take more than one year to conclude, he said Iranˈs Foreign Minister Mohammad Javad Zarif and the European Union foreign policy chief Catherine Ashton are to meet at this stage.

The top nuclear negotiator stressed that no issue other than the nuclear issue has been discussed by Tehran and Washington both in bilateral and multilateral negotiations at the sidelines of the Geneva talks.

He believed the Geneva nuclear agreement would help improve stability and tranquility in the region.



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