Iran says it has received $43 million in damages from the United States under Case No. A15 of the Iran-United States Claims Tribunal.
Iran and the United States have been informed that $6 billion in frozen Iranian funds were transferred to accounts in Qatar, Reuters said on Monday citing an informed source said.
Iran and the United States have exchanged more than $31 million worth of non-oil commodities in the first seven months of 2023, according to a report by the US Bureau of Statistics cited by Tasnim news agency.
Iranian assets that had been frozen in South Korea were transferred to Switzerland’s central bank last week for exchange and transfer to Iran, according to a Monday report by Reuters which cited South Korean media.
The process to unblock Iran’s funds in South Korea that have started under an emerging prisoner swap deal between Iran and the US would take at least four weeks, according to a report published by a local Iranian news agency.
A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.
De-dollarization is a strategic policy pursued by the Central Bank of Iran (CBI), says CBI Governor Mohammadreza Farzin.
Iran imported $3.1 million worth of goods from the US in the first month of 2023, down 36.73% compared with $4.9 million in January 2021, the latest data released by the US Census Bureau show.
Iran’s trade with the US stood at $56.7 million in 2022, registering a 40% rise compared with the previous year.
The US government has renewed a sanctions waiver for the Rhum gas field in the UK North Sea in which Iran has a 50% stake.