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Saturday, November 30, 2013
USD 23 billion being released to Iran (15 oil revenue+8 frozen assets)

USD 23 billion being released to Iran (15 oil revenue+8 frozen assets)

#1 ‘Iran to access $15bn under nuclear deal’
PRESS TV (Iran) Sat Nov 30, 2013 4:0PM GMT
http://presstv.com/detail/2013/11/30/337513/iran-to-access-15bn-under-nuclear-deal/

An Iranian deputy foreign minister says Tehran will have access to nearly
USD 15 billion in oil revenues after the implementation of the Geneva
nuclear deal between Iran and the six world powers.


Abbas Araqchi, Iranian deputy foreign minister for legal and international
affairs, said Saturday the Geneva deal will be implemented as of late
December 2013 or early January 2014.


“With the implementation of the agreement, nearly USD 15 billion of oil
revenues will be accessible over the next six months,” he said.

He added that of the 15 billion dollars nearly 10 billion, which was
previously used to purchase foodstuff and medication, will be accessible
with the implementation of the agreement.

According to Araqchi, another 4.6 billion dollars, which will be deposited
into the Central Bank of Iran, will be accessible.

On November 24, Iran and the five permanent members of the United Nations
Security Council -- the US, the UK, France, Russia, China -- plus Germany
sealed an interim deal in the Swiss city of Geneva to pave the way for the
full resolution of the West’s decade-old dispute with Iran over its nuclear
energy program.

As part of the deal, in exchange for Iran’s confidence-building bid to limit
certain aspects of its nuclear activities, the six world powers agreed to
lift some of the existing sanctions against the Islamic Republic.

According to the Iranian Foreign Ministry, the deal allows Iran to continue
its activities at Arak, Fordow and Natanz facilities. The agreement also
stipulates that no additional nuclear-related sanctions will be imposed
against Tehran within the next six months.

AR/HGH/SL

#2 Gov't spokesman confirms US release of dlrs 8b of Iran frozen assets
http://217.25.54.55/en/News/80921177/Economic/Gov't_spokesman_confirms_US_release_of_dlrs_8b_of_Iran_frozen_assets

Tehran, Nov 25, IRNA - Government spokesman Mohammad Baqer Nowbakht
confirmed the release of dlrs 8 billion of Iran's blocked assets by the US
administration.

He made the remarks here Monday while talking to reporters on the sideline
of a local gathering.

Nowbakht noted that the recent nuclear agreement will have significant
impact on the Iranian economy.

The first step agreement was reached in Geneva on November 24 after five
days of intensive talks between representatives of Iran and 5+1 (US,
Britain, Russia, france, China and Germany).

He stressed that the agreement will also ease the anti-Iran sanctions.

1424**1422

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