Iran demands immediate return of 50% of frozen funds in U.S. deal conditions

Iran is demanding the immediate return of at least half of its frozen assets as a core condition for any potential agreement with the United States. Kazem Gharibabadi, Iran's deputy foreign minister for legal and international affairs, stated that the funds must be provided immediately upon the signing of a memorandum of understanding.

He further specified that the remaining frozen assets should be unfrozen within one to two months after the agreement's conclusion. Gharibabadi stressed that the return of these assets, which he described as illegally frozen by the U.S., is a non-negotiable requirement for any deal.

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The Islamic Republic of Iran demands that at least 50% of the frozen funds abroad be provided immediately upon the signing of the memorandum of understanding.

Technical and financial details regarding the asset return process will be determined through further negotiations during a 60-day implementation period following the MOU's signing. Additionally, Iran insists that the U.S. must lift its maritime blockade on Iranian ports if Iran reopens the Strait of Hormuz, rejecting suggestions of a simple exchange between the two actions.

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The return of these assets, which were illegally frozen by the United States, is a core condition in any agreement.