5.5 billion euros of Iran's blocked money were released

Afghan Voice Agency (AVA) - Tehran: "Mohammad Reza Farzin", the head of the Central Bank of Iran, in a televised interview about the release of Iran's blocked resources in South Korea, said yesterday, Monday, September 18, 2023, all the inaccessible resources of Iran in South Korea will be released, which was kept in the accounts of two banks, Woori and IBK, and the Seoul branch of Mellat Bank, was transferred to the account of the Swiss Central Bank for conversion into Euros.
 
The Governor General of the Central Bank of Iran stated that all payments will be made by the international brokers of Qatari banks as well as SWIFT, adding: "Yesterday, an official letter was received from the Qatari authorities, according to which the accounts of Iranian banks in Qatar have been activated. And today (Monday), 5 billion 576 million 492 thousand euros have been deposited into the accounts of 6 Iranian banks with two banks, Al-Ahli and Al-Dkhan.
 
According to Iran Press, the Governor General of the Central Bank of Iran also reminded that Iran's complaint against South Korea due to Iran's lack of access to the said funds and the reduction of its value in order to receive damages is being pursued, adding: access to the country's foreign exchange resources in several countries Another one is being done, the results of which will be announced when it is confirmed. In the framework of its sanctions approach and policy of maximum pressure against Iran, America had illegally blocked some financial resources and property of the Islamic Republic abroad.
 
Meanwhile, US President Joe Biden has agreed to release Iran's assets in South Korea in exchange for the release of five American prisoners in Iran, as well as to guarantee the release of five Iranian citizens who were imprisoned in America.