Iran’s Foreign Exchange Center was launched early in October

Iran to soon receive 6th tranche of frozen funds

Iran’s Foreign Exchange Center was launched early in OctoberTehran, June 12, IRNA – Iran will soon receive the sixth tranche of its frozen oil revenues under Tehran’s interim nuclear deal with the Sextet of powers, an Iranian lawmaker said recently.
Gholamali Jafarzadeh Imenabadi, a member of Majlis Planning, Budget and Auditing Commission, made the announcement in an interview citing Governor of Central Bank of Iran (CBI) Valiollah Seif as saying in a Tuesday meeting.

“The CBI has confirmed it has, so far, received five tranches amounting to $4.2 billion in frozen oil earnings agreed to be released under the Geneva deal,” the English-language newspaper quoted Imenabadi as saying.

In mid-April, Iran received another $450 million as the fifth tranche of the blocked oil revenues.

Iran and the six world powers—the United States, France, Britain, Russia, China and Germany—sealed the interim deal in Geneva on November 24, 2013, to pave the way for the full resolution of the decade-old dispute with Iran over the country’s nuclear energy program. The deal came into force on January 20.

Tehran and the Sextet are set to hold meetings in the Austrian capital from June 16 until 20 to decide about a final deal.



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