Iran demands release of $12 billion in frozen assets in potential deal with US

Iran demands the release of $12 billion in frozen assets in a potential deal with the US and insists that another $12 billion “should be transferred within 60 days” of signing the agreement, the semi-official Tasnim news agency reported Tuesday. Iran’s top negotiator and parliament speaker Mohammed Bagher Qalibaf visited Qatar on Monday for talks aimed at “securing access to $12 billion in the first phase, as well as removing obstacles,” Tasnim said, citing a source familiar with the matter. “Given past experiences regarding the release of Iranian funds in South Korea and Qatar, emphasis was placed on carefully monitoring the implementation process to avoid repeating previous issues,” the source said. READ: Middle East nations ‘will no longer be shield’ for […]