Fresh details have emerged about a proposed agreement between the United States and Iran, with reports indicating that Washington could release $12 billion in frozen Iranian assets ahead of a new round of negotiations aimed at easing tensions between both countries.
According to Iran’s Mehr News Agency, the arrangement is contained in a reported 14-point memorandum of understanding designed to pave the way for formal talks between Tehran and Washington.
The document reportedly outlines a plan for the release of $24 billion in frozen Iranian funds during a 60-day negotiation period that would begin once the agreement is officially signed.
Under the reported terms, half of the total amount — $12 billion — would be made available to Iran before negotiations commence, while the remaining funds would be released during the course of the talks.
The reported agreement is seen as a significant confidence-building measure between both nations, whose relations have remained strained for years over issues including sanctions, regional security and Iran’s nuclear programme.
However, the reported memorandum has not yet received official confirmation from either the United States or Iranian authorities, leaving uncertainty over the authenticity and implementation of the proposed arrangement.
If confirmed, the release of the funds could mark one of the most significant financial concessions between both countries in recent years and potentially open the door for broader diplomatic engagement.
Source: AFP / Mehr News Agency
