US Contemplates Working with Qatar to Unfreeze Funds for Humanitarian Spending in Iran: WSJ Report
The plan would let Qatar buy food and medicine with $6 billion in frozen Iranian assets as Washington seeks a staged release, officials said.
- On Friday, The Wall Street Journal reported the United States and Qatar are charting a plan for releasing $6 billion in frozen Iranian funds as part of the recently signed peace pact between Tehran and Washington.
- Iran seeks access to its estimated $100 billion in frozen assets worldwide, with the initial $6 billion held in Qatar designated for food and medicine purchases ordered by Iran's central bank.
- Negotiations over these assets began in late May in Doha, while President Donald Trump told reporters on Wednesday that the funds belong to Iran, stating, "At a certain point in time, I guess we're going to have to give it back."
- The Swiss Foreign Ministry confirmed on Thursday that planned talks between the United States and Iran have been postponed, despite the 14-point MoU outlining terms for ending hostilities and the US pledge to make assets "fully available for use."
- This plan could set a precedent for releasing more funds, including an immediate $24 billion pool Tehran seeks; officials stated these assets will remain available as long as Iran continues participating in negotiations.
19 Articles
19 Articles
"Money that Iran can access in the near future"
WSJ: US And Qatar To Unfreeze Billions In Iran's Funds
The Wall Street Journal reports: The U.S. is working with Qatar on a plan to make billions of dollars in frozen funds available to Iran for humanitarian spending, another early financial incentive under the recently signed deal to end the war, people familiar with the matter said. The plan, which isn’t yet completed, is aimed at giving Iran access to the spending power of some of its estimated $100 billion in cash frozen worldwide, beginning wit…
US, Qatar Plan To Release $6 Billion Of Frozen Iranian Funds Initially
As per the US-Qatar initiative, Iran will be provided access to spend some of its estimated $100 billion in cash frozen worldwide. The fund release will begin with $6 billion held in Qatar, according to the report.
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
