20 Apr 2024
Wednesday 26 November 2014 - 14:42
Story Code : 132606

Iran receives frozen assets installments

Iran receives frozen assets installments
TEHRAN Nov 26 (Shana)--Iran has received the thirteenth and fourteenth installments of its assets, which had been frozen oversees due to the sanctions imposed on the country.
The Central Bank of Iran (CBI) received the installments as part of the second phase of the unblocking of the countrys frozen assets, agreed on between the Islamic Republic and world powers under an interim nuclear accord last year.
An amount of $500 million, which had been frozen in South Korea, and $ 400 million, blocked in India, were transferred to the bank for the second phases fifth and sixth installments respectively.
The installments were respectively paid to the CBIs accounts in Oman and the United Arab Emirates.
The latest payments brought the total paid amount of the second phase to $2.8 billion.
The first phase enabled the release of $4.2 billion of the countrys assets.
By SHANA

 

The Iran Project is not responsible for the content of quoted articles.
https://theiranproject.com/vdchvinz-23nx-d.01t2.html
Your Name
Your Email Address