Iran's Foreign Minister Reports Sanctions Relief and Asset Release After Talks

Tehran. Iran's Foreign Minister Abbas Araghchi has said that some sanctions on Iranian oil have been eased and some of Iran's assets frozen abroad have been unfrozen after talks held in Switzerland. Writing on social media X, Araghchi claimed that a major reconstruction and development plan for Iran has also been launched. However, he has not made public further details about the unfrozen assets or the reconstruction plan.

According to a separate statement issued by the media committee of the Iranian delegation, a new Memorandum of Understanding (MOU) has been signed between Iran and Qatar to implement the process of unfreezing Tehran's frozen assets. 

This information was given by Iran's semi-official news agency Fars News Agency. Meanwhile, Hussein Ghorbanzadeh, an economic expert of the Iranian delegation, said that a draft agreement has been prepared to provide temporary relief on Iranian oil and oil products under US sanctions.

According to Araghchi, the first real test of the talks will be the 'De-confliction Cell' related to Lebanon. Qatar and Pakistan, acting as mediators, have said that both the US and Iran have agreed to the mechanism. The purpose of this mechanism is to help ensure the end of military activity in Lebanon.