Iran receives third installment of its $2.8B blocked assets
Tehran, Iran, Oct. 21
By Dalga Khatinoglu - Trend:
Iran received third installment of $2.8 billion blocked assets based on expanded interim nuclear accord.
The Central Bank of Iran (CBI) confirmed receiving $400 million based on nuclear agreement with the P5+1 group (The U.S., UK, France, Russia, China plus Germany) on Oct.21.
According CBI's official website, the amount was deposited from India to CBI's bank account in the United Arab Emirates.
So far, Iran has received a half of its $2.8 billion blocked assets. The country should receive the full amount until Nov. 24.
Some $4.2 billion of Iran's blocked assets were released during a six-month period, due to an interim nuclear accorded between Iran and P5+1.
The sides agreed to expand this accord until Nov.24, as by that time Iran will receive another $2.8 billion of its blocked assets.
The Islamic Republic and P5+1 are negotiating to find a way to reach the final nuclear accord until Nov.24.