Iran’s deputy foreign minister for legal and international affairs, Kazem Gharibabadi, said any memorandum of understanding with the US must include immediate release of at least 50% of Iran’s frozen financial assets. He said the remainder should be unfrozen within one to two months after signing and described the assets as belonging to Iran and illegally frozen by the US, making their release a core condition. Gharibabadi added that technical and financial implementation details will be negotia

2026-06-06

Iran’s deputy foreign minister for legal and international affairs, Kazem Gharibabadi, said any memorandum of understanding with the US must include immediate release of at least 50% of Iran’s frozen financial assets. He said the remainder should be unfrozen within one to two months after signing and described the assets as belonging to Iran and illegally frozen by the US, making their release a core condition. Gharibabadi added that technical and financial implementation details will be negotiated during a 60‑day execution period after the MoU is signed, and Tehran will only regard drafts as final if its interests and concerns are fully addressed.