The US, together with Qatar, is working on a mechanism for Iran to gain access to a portion of its frozen assets abroad for humanitarian purposes.
Modern.az reports that a source familiar with the ongoing negotiations told “The Wall Street Journal”.
This step is considered one of the first financial incentives within the framework of the recently reached ceasefire agreement.
The plan has not yet been finally approved. However, it is envisioned that Tehran will be able to start using a portion of its approximately $100 billion in assets frozen in various countries around the world.
In the initial stage, the discussion is about $6 billion held in Qatar.
According to the discussed scheme, Qatar will make payments for food, medicine, and other humanitarian goods received by the Central Bank of Iran.
These funds will be allocated from frozen Iranian assets. A significant portion of these assets consists of revenues from oil sales blocked abroad due to international sanctions.
According to sources, providing access to these funds should be one of the practical outcomes of the agreement aimed at reducing tensions between the US and Iran and strengthening the reached agreements.