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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

US Agrees to Release Frozen Iranian Assets in Iraq

Iraq's Foreign Minister Fuad Hussein and Ali Shamkhani, secretary of Iran's Supreme National Security Council during a meeting in Tehran.

Secretary-General of the Iran-Iraq Joint Chamber of Commerce Hamid Hosseini revealed on Friday that the US has agreed to release frozen Iranian assets in Iraq.

"After the recent visit of the Iraqi Foreign Minister to Iran, the issue of releasing Iranian resources came to an end and Iraqi officials announced that some of these resources were released through various banks."

In remarks on Twitter, he cited Iraqi sources to confirm that Washington had agreed to release Iranian resources at the Trade Bank of Iraq.

"Several transactions have taken place," according to Hosseini.

Earlier, Iraqi Foreign Minister Fuad Hussein informed secretary of Iran's Supreme National Security Council Ali Shamkhan that efforts were being exerted to repay debts to Iran "soon."

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